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
83 THE ELMS is a small extended detached house of 115m², built sometime between 1996 and 2002. It was last sold for £575,000 in July 2019, which was around 19% below the average July 2019 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 83 THE ELMS since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 83 THE ELMS 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 25 JUL | £575,000 | £708,313 | 19% below HPI |
1997 17 OCT | £125,000 | £175,152 | 29% below HPI |
1995 13 JAN | £94,000 | £140,969 | 33% below HPI |
The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three 83 THE ELMS sales between January 1995 and July 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 October 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the July 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.
83 THE ELMS is 115m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 83 THE ELMS lies on this distribution: 30% of detached houses are smaller than 83 THE ELMS, and 70% of houses are larger. Note that EPC data is not available for all properties in Hertford.
83 THE ELMS sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 83 THE ELMS, 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 83 THE ELMS). 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.
83 THE ELMS is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 83 on THE ELMS.