23, MARKWELLS, ELSENHAM, BISHOP'S STORTFORD, CM22 6LT - £325,000

23 MARKWELLS is a very small extended detached house of 83m², built sometime between 1976 and 1982. It was last sold for £325,000 in February 2021, which was around 49% below the average February 2021 detached price in the Uttlesford local authority area. The most recent EPC inspection was October 2018, where the current energy rating was C, and the potential energy rating was B.

23 MARKWELLS Sold Prices

Land registry data shows two sales for 23 MARKWELLS 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 23 MARKWELLS 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 22 FEB	£325,000	£640,498	49% below HPI
2003 25 JUL	£182,500	£320,687	43% below HPI

23 MARKWELLS 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 23 MARKWELLS sales from July 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 July 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2021 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 23 MARKWELLS?

23 MARKWELLS is 83m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the smallest 10% of detached houses in Elsenham, based on EPC data. The below chart shows the distribution of detached houses by size in Elsenham, and where 23 MARKWELLS lies on this distribution: 10% of detached houses are smaller than 23 MARKWELLS, and 90% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

23 MARKWELLS: Plot and Title Map

23 MARKWELLS sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 23 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 23 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 23 MARKWELLS?

23 MARKWELLS is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 23 on MARKWELLS.