38, OZIERS, ELSENHAM, BISHOP'S STORTFORD, CM22 6LS - £325,000

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.

38 OZIERS is a very small terraced house of 57m², built sometime between 1983 and 1990, which could now be worth an estimated £313,163. It was last sold for £325,000 in September 2022, which was around 13% below the average September 2022 terraced price in the Uttlesford local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

38 OZIERS Sold Prices

Land registry data shows seven sales for 38 OZIERS since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Uttlesford local authority area for the corresponding sale date. All of the seven 38 OZIERS 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
2022 16 SEP	£325,000	£373,366	13% below HPI
2021 26 MAR	£250,000	£331,218	25% below HPI
2014 19 MAR	£187,000	£239,458	22% below HPI
2010 15 JAN	£164,000	£205,471	20% below HPI
2004 20 OCT	£150,000	£189,699	21% below HPI
1999 22 DEC	£80,500	£99,163	19% below HPI
1997 18 JUL	£52,500	£73,576	29% below HPI

38 OZIERS 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 seven 38 OZIERS sales between July 1997 and September 2022 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 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 38 OZIERS be worth now?

38 OZIERS might now be worth an estimated £313,163.

This is based on house price deflation of 3.6%, between September 2022 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 3.6% deflationary decrease is applied to the most recent sale price for 38 OZIERS of £325,000 on 16th September 2022. For the value to have decreased from £325,000 to £313,163 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of 38 OZIERS has moved in line with the HPI for terraced houses in the Uttlesford local authority area.
• The September 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 38 OZIERS has not materially changed since September 2022.

How Large is 38 OZIERS?

38 OZIERS is 57m² according to the EPC inspection conducted in January 2019. 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 38 OZIERS lies on this distribution: Less than 1% of terraced houses houses are smaller than 38 OZIERS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

38 OZIERS: Plot and Title Map

38 OZIERS sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 38 OZIERS, 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 38 OZIERS). 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 38 OZIERS?

38 OZIERS is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 38 on OZIERS.