39, THE ELMS, HERTFORD, SG13 7UY - £637,500

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.

39 THE ELMS is a small extended detached house of 122m², built sometime between 1976 and 1982, which could now be worth an estimated £702,328. It was last sold for £637,500 in July 2021, which was around 18% below the average July 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

39 THE ELMS Sold Prices

Land registry data shows two sales for 39 THE 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 East Hertfordshire local authority area for the corresponding sale date. Both of the two 39 THE ELMS 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 14 JUL	£637,500	£775,278	18% below HPI
2012 8 FEB	£340,000	£501,180	32% below HPI

39 THE ELMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 39 THE ELMS sales from February 2012 and July 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 February 2012 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 39 THE ELMS be worth now?

39 THE ELMS might now be worth an estimated £702,328.

This is based on house price inflation of 10.2%, between July 2021 and February 2025, for detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.2% inflationary increase is applied to the most recent sale price for 39 THE ELMS of £637,500 on 14th July 2021. For the value to have increased from £637,500 to £702,328 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 39 THE ELMS has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The July 2021 sale price of £637,500 represented a fair market value for the property.
• The size, condition, and specification of 39 THE ELMS has not materially changed since July 2021.

How Large is 39 THE ELMS?

39 THE ELMS is 122m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 40% of detached houses houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hertford, and where 39 THE ELMS lies on this distribution: 38% of detached houses houses are smaller than 39 THE ELMS, and 61% of houses are larger. Note that EPC data is not available for all properties in Hertford.

39 THE ELMS: Plot and Title Map

39 THE ELMS sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 39 THE 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 39 THE 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 39 THE ELMS?

39 THE ELMS is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 39 on THE ELMS.