2, STANSTED ROAD, ELSENHAM, BISHOP'S STORTFORD, CM22 6LJ - £585,000

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.

2 STANSTED ROAD is a midsized extended semi-detached house of 134m², built sometime between 1930 and 1949, which could now be worth an estimated £655,377. It was last sold for £585,000 in March 2021, which was around 50% above the average March 2021 semi-detached price in the Uttlesford local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

2 STANSTED ROAD Sold Prices

Land registry data shows three sales for 2 STANSTED ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Uttlesford local authority area for the corresponding sale date. Two of the three 2 STANSTED ROAD sales were for above the average price, whilst one was 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 5 MAR	£585,000	£389,753	50% above HPI
2004 5 MAR	£245,000	£207,124	18% above HPI
2002 14 MAY	£166,500	£169,184	2% below HPI

2 STANSTED ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Uttlesford local authority area over time, sourced from the HPI. The three 2 STANSTED ROAD sales between May 2002 and March 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 March 2004 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2021 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 2 STANSTED ROAD be worth now?

2 STANSTED ROAD might now be worth an estimated £655,377.

This is based on house price inflation of 12%, between March 2021 and June 2025, for semi-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 2 STANSTED ROAD of £585,000 on 5th March 2021. For the value to have increased from £585,000 to £655,377 over the three years and nine months to June 2025, the following assumptions must hold true:

• The value of 2 STANSTED ROAD has moved in line with the HPI for semi-detached houses in the Uttlesford local authority area.
• The March 2021 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STANSTED ROAD has not materially changed since March 2021.

How Large is 2 STANSTED ROAD?

2 STANSTED ROAD is 134m², which includes two extensions, according to the EPC inspection conducted in May 2011. This puts it in the largest 50% of semi-detached houses houses in Elsenham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Elsenham, and where 2 STANSTED ROAD lies on this distribution: 53% of semi-detached houses houses are smaller than 2 STANSTED ROAD, and 47% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

2 STANSTED ROAD: Plot and Title Map

2 STANSTED ROAD sits on a plot of roughly 0.173 of an acre, or 701m². The below map shows the location of 2 STANSTED ROAD, 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 2 STANSTED ROAD). 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 2 STANSTED ROAD?

2 STANSTED ROAD is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 2 on STANSTED ROAD.