6, ELM CLOSE, TAKELEY, BISHOP'S STORTFORD, CM22 6SF - £470,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 ELM CLOSE is a midsized extended detached house of 114m², built sometime between 1950 and 1966, which could now be worth an estimated £514,614. It was last sold for £470,000 in July 2021, which was around 30% below the average July 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

6 ELM CLOSE Sold Prices

Land registry data shows three sales for 6 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the three 6 ELM CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 JUL	£470,000	£666,722	30% below HPI
2012 21 JUN	£295,995	£436,742	32% below HPI
1999 7 MAY	£125,000	£179,859	31% below HPI

6 ELM CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Uttlesford local authority area over time, sourced from the HPI. The three 6 ELM CLOSE sales between May 1999 and July 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 ELM CLOSE be worth now?

6 ELM CLOSE might now be worth an estimated £514,614.

This is based on house price inflation of 9.5%, between July 2021 and February 2025, for detached houses, in the Uttlesford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 9.5% inflationary increase is applied to the most recent sale price for 6 ELM CLOSE of £470,000 on 30th July 2021. For the value to have increased from £470,000 to £514,614 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 6 ELM CLOSE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The July 2021 sale price of £470,000 represented a fair market value for the property.
• The size, condition, and specification of 6 ELM CLOSE has not materially changed since July 2021.

How Large is 6 ELM CLOSE?

6 ELM CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in May 2012. This puts it in the smallest 50% of detached houses houses in Takeley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Takeley, and where 6 ELM CLOSE lies on this distribution: 41% of detached houses houses are smaller than 6 ELM CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Takeley.

6 ELM CLOSE: Plot and Title Map

6 ELM CLOSE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 6 ELM CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 ELM CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 ELM CLOSE?

6 ELM CLOSE is located in TAKELEY, in the CM22 postcode district. The below map shows the position of No. 6 on ELM CLOSE.