7, NEW ROAD, ELSENHAM, BISHOP'S STORTFORD, CM22 6HA - £300,000

7 NEW ROAD is a very small detached house of 67m², built sometime between 1950 and 1966. It was last sold for £300,000 in January 2013, which was around 27% below the average January 2013 detached price in the Uttlesford local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

7 NEW ROAD Sold Prices

Land registry data shows two sales for 7 NEW ROAD 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 7 NEW ROAD 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
2013 21 JAN	£300,000	£412,899	27% below HPI
2005 16 NOV	£230,000	£362,245	37% below HPI

7 NEW ROAD 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 7 NEW ROAD sales from November 2005 and January 2013 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 2005 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2013 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 NEW ROAD?

7 NEW ROAD is 67m² according to the EPC inspection conducted in October 2010. 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 7 NEW ROAD lies on this distribution: 1% of detached houses are smaller than 7 NEW ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

7 NEW ROAD: Plot and Title Map

7 NEW ROAD sits on a plot of roughly 0.177 of an acre, or 716m². The below map shows the location of 7 NEW 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 7 NEW 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 7 NEW ROAD?

7 NEW ROAD is located in ELSENHAM, in the CM22 postcode district. The below map shows the position of No. 7 on NEW ROAD.