MAJOR OAK, ROBIN HOOD ROAD, ELSENHAM, BISHOP'S STORTFORD, CM22 6EB - £442,500

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

MAJOR OAK is a midsized semi-detached house of 128m². It was last sold for £442,500 in December 2016, which was around 25% below the average December 2016 detached price in the Uttlesford local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

MAJOR OAK Sold Prices

Land registry data shows two sales for MAJOR OAK 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 MAJOR OAK 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
2016 2 DEC	£442,500	£593,187	25% below HPI
2014 27 JAN	£305,000	£435,708	30% below HPI

MAJOR OAK 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 MAJOR OAK sales from January 2014 and December 2016 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 January 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is MAJOR OAK?

MAJOR OAK is 128m² according to the EPC inspection conducted in November 2016. This puts it in the largest 50% of detached houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses by size in Elsenham, and where MAJOR OAK lies on this distribution: 52% of detached houses are smaller than MAJOR OAK, and 48% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

MAJOR OAK: Plot and Title Map

MAJOR OAK sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of MAJOR OAK, 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 MAJOR OAK). 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 MAJOR OAK?

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