17, MARKWELLS, ELSENHAM, BISHOP'S STORTFORD, CM22 6LT - £375,000

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.

17 MARKWELLS is a very small terraced house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £395,649. It was last sold for £375,000 in September 2021, which was around 10% above the average September 2021 terraced price in the Uttlesford local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.

17 MARKWELLS Sold Prices

Land registry data shows four sales for 17 MARKWELLS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Uttlesford local authority area for the corresponding sale date. two of the four 17 MARKWELLS sales were for above the average price, and four 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 29 SEP	£375,000	£340,991	10% above HPI
2007 26 NOV	£197,000	£228,578	14% below HPI
1999 25 AUG	£88,000	£87,511	1% above HPI
1995 9 JAN	£59,800	£65,854	9% below HPI

17 MARKWELLS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Uttlesford local authority area over time, sourced from the HPI. The four 17 MARKWELLS sales between January 1995 and September 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 November 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2021 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 17 MARKWELLS be worth now?

17 MARKWELLS might now be worth an estimated £395,649.

This is based on house price inflation of 5.5%, between September 2021 and June 2025, for terraced 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 5.5% inflationary increase is applied to the most recent sale price for 17 MARKWELLS of £375,000 on 29th September 2021. For the value to have increased from £375,000 to £395,649 over the four years and three months to June 2025, the following assumptions must hold true:

• The value of 17 MARKWELLS has moved in line with the HPI for terraced houses in the Uttlesford local authority area.
• The September 2021 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MARKWELLS has not materially changed since September 2021.

How Large is 17 MARKWELLS?

17 MARKWELLS is 73m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of terraced houses houses in Elsenham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Elsenham, and where 17 MARKWELLS lies on this distribution: 5% of terraced houses houses are smaller than 17 MARKWELLS, and 94% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

17 MARKWELLS: Plot and Title Map

17 MARKWELLS sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 17 MARKWELLS, 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 17 MARKWELLS). 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 17 MARKWELLS?

17 MARKWELLS is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 17 on MARKWELLS.