7, CRANMORE CLOSE, ELSENHAM, BISHOP'S STORTFORD, CM22 6LQ - £505,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 CRANMORE CLOSE is a large extended detached house of 144m², built sometime between 1991 and 1995. It was last sold for £505,000 in September 2019, which was around 13% below the average September 2019 detached price in the Uttlesford local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was C.

7 CRANMORE CLOSE Sold Prices

Land registry data shows four sales for 7 CRANMORE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. All of the four 7 CRANMORE 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
2019 5 SEP	£505,000	£583,509	13% below HPI
2014 14 MAR	£385,000	£455,440	15% below HPI
1997 27 JAN	£130,000	£141,019	8% below HPI
1996 17 SEP	£41,750	£133,790	69% below HPI

7 CRANMORE 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 four 7 CRANMORE CLOSE sales between September 1996 and September 2019 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 March 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 7 CRANMORE CLOSE?

7 CRANMORE CLOSE is 144m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the largest 40% of detached houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses by size in Elsenham, and where 7 CRANMORE CLOSE lies on this distribution: 60% of detached houses are smaller than 7 CRANMORE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

7 CRANMORE CLOSE: Plot and Title Map

7 CRANMORE CLOSE sits on a plot of roughly 0.090 of an acre, or 362m². The below map shows the location of 7 CRANMORE 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 7 CRANMORE 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 7 CRANMORE CLOSE?

7 CRANMORE CLOSE is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 7 on CRANMORE CLOSE.