7, LANKESTER CLOSE, ELSENHAM, BISHOP'S STORTFORD, CM22 6YB - £470,000

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 LANKESTER CLOSE is a very small detached house of 89m². It was last sold for £470,000 in March 2022, which was around 31% below the average March 2022 detached price in the Uttlesford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

7 LANKESTER CLOSE Sold Prices

Land registry data shows two sales for 7 LANKESTER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two 7 LANKESTER 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
2022 24 MAR	£470,000	£680,620	31% below HPI
2017 29 SEP	£400,000	£580,393	31% below HPI

7 LANKESTER 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 two 7 LANKESTER CLOSE sales from September 2017 and March 2022 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 September 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2022 sale, which was also at 31% below the HPI.

How Large is 7 LANKESTER CLOSE?

7 LANKESTER CLOSE is 89m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% 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 LANKESTER CLOSE lies on this distribution: 20% of detached houses are smaller than 7 LANKESTER CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

7 LANKESTER CLOSE: Plot and Title Map

7 LANKESTER CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 7 LANKESTER 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 LANKESTER 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 LANKESTER CLOSE?

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