9, THE ELMS, CODICOTE, HITCHIN, SG4 8XS - £665,000

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

9 THE ELMS is a large extended detached house of 140m², built sometime between 1967 and 1975. It was last sold for £665,000 in February 2021, which was around 4% above the average February 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

9 THE ELMS Sold Prices

Land registry data shows three sales for 9 THE ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. One of the three 9 THE ELMS sales was for above the average price, whilst two 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 12 FEB	£665,000	£641,875	4% above HPI
2015 28 OCT	£487,500	£535,864	9% below HPI
2001 3 SEP	£220,000	£243,235	10% below HPI

9 THE ELMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 9 THE ELMS sales between September 2001 and February 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 October 2015 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2021 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 9 THE ELMS?

9 THE ELMS is 140m², which includes three extensions, according to the EPC inspection conducted in March 2013. This puts it in the largest 40% of detached houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses by size in Codicote, and where 9 THE ELMS lies on this distribution: 65% of detached houses are smaller than 9 THE ELMS, and 35% of houses are larger. Note that EPC data is not available for all properties in Codicote.

9 THE ELMS: Plot and Title Map

9 THE ELMS sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 9 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 9 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.

Where is 9 THE ELMS?

9 THE ELMS is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 9 on THE ELMS.