THREE ELMS, DUNMOW ROAD, GREAT BARDFIELD, BRAINTREE, CM7 4SF - £465,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

THREE ELMS is a very large extended detached house of 300m², built sometime between 1967 and 1975, which could now be worth an estimated £533,426. It was last sold for £465,000 in December 2018, which was around 8% below the average December 2018 detached price in the Braintree local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

THREE ELMS Sold Prices

Land registry data shows two sales for THREE ELMS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. One of the two THREE ELMS sales was for below the average price, whilst the other was for above 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
2018 7 DEC	£465,000	£504,253	8% below HPI
2001 15 FEB	£225,000	£163,669	37% above HPI

THREE ELMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The two THREE ELMS sales from February 2001 and December 2018 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 February 2001 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the December 2018 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might THREE ELMS be worth now?

THREE ELMS might now be worth an estimated £533,426.

This is based on house price inflation of 14.7%, between December 2018 and December 2024, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.7% inflationary increase is applied to the most recent sale price for THREE ELMS of £465,000 on 7th December 2018. For the value to have increased from £465,000 to £533,426 over the six years to December 2024, the following assumptions must hold true:

• The value of THREE ELMS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The December 2018 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of THREE ELMS has not materially changed since December 2018.

How Large is THREE ELMS?

THREE ELMS is 300m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses houses in Great Bardfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Bardfield, and where THREE ELMS lies on this distribution: 98% of detached houses houses are smaller than THREE ELMS, and 2% of houses are larger. Note that EPC data is not available for all properties in Great Bardfield.

THREE ELMS: Plot and Title Map

THREE ELMS sits on a plot of roughly 0.410 of an acre, or 1,659m². The below map shows the location of THREE 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 THREE 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 THREE ELMS?

THREE ELMS is located on DUNMOW ROAD in GREAT BARDFIELD, in the CM7 postcode district. The below map shows the position of THREE ELMS on DUNMOW ROAD.