KRITHIA, ROBIN HOOD ROAD, ELSENHAM, BISHOP'S STORTFORD, CM22 6EB - £400,000

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.

KRITHIA is a large extended detached house of 149m², built sometime between 1967 and 1975, which could now be worth an estimated £448,176. It was last sold for £400,000 in February 2021, which was around 39% below the average February 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

KRITHIA Sold Prices

Land registry data shows two sales for KRITHIA 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 KRITHIA 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 26 FEB	£400,000	£651,539	39% below HPI
2003 18 DEC	£275,000	£337,098	18% below HPI

KRITHIA 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 KRITHIA sales from December 2003 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 December 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2021 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might KRITHIA be worth now?

KRITHIA might now be worth an estimated £448,176.

This is based on house price inflation of 12%, between February 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 12% inflationary increase is applied to the most recent sale price for KRITHIA of £400,000 on 26th February 2021. For the value to have increased from £400,000 to £448,176 over the four years to February 2025, the following assumptions must hold true:

• The value of KRITHIA has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The February 2021 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of KRITHIA has not materially changed since February 2021.

How Large is KRITHIA?

KRITHIA is 149m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elsenham, and where KRITHIA lies on this distribution: 65% of detached houses houses are smaller than KRITHIA, and 32% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

KRITHIA: Plot and Title Map

KRITHIA sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of KRITHIA, 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 KRITHIA). 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 KRITHIA?

KRITHIA is located on ROBIN HOOD ROAD in ELSENHAM, in the CM22 postcode district. The below map shows the position of KRITHIA on ROBIN HOOD ROAD.