BIRCHES, PARK ROAD, ELSENHAM, BISHOP'S STORTFORD, CM22 6DF - £440,000

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.

BIRCHES is a small semi-detached house of 106m², built sometime from 2007 onwards, which could now be worth an estimated £508,192. It was last sold for £440,000 in February 2021, which was around 13% above the average February 2021 semi-detached price in the Uttlesford local authority area. The most recent EPC inspection was March 2011, where the current energy rating was B, and the potential energy rating was B.

BIRCHES Sold Prices

Land registry data shows two sales for BIRCHES since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Uttlesford local authority area for the corresponding sale date. Both of the two BIRCHES sales were for above 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 26 FEB	£440,000	£388,764	13% above HPI
2007 6 JUL	£310,000	£257,739	20% above HPI

BIRCHES 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 two BIRCHES sales from July 2007 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 2007 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the February 2021 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might BIRCHES be worth now?

BIRCHES might now be worth an estimated £508,192.

This is based on house price inflation of 15.5%, between February 2021 and May 2026, 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 15.5% inflationary increase is applied to the most recent sale price for BIRCHES of £440,000 on 26th February 2021. For the value to have increased from £440,000 to £508,192 over the four years and nine months to May 2026, the following assumptions must hold true:

• The value of BIRCHES has moved in line with the HPI for semi-detached houses in the Uttlesford local authority area.
• The February 2021 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of BIRCHES has not materially changed since February 2021.

How Large is BIRCHES?

BIRCHES is 106m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 40% 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 BIRCHES lies on this distribution: 33% of semi-detached houses houses are smaller than BIRCHES, and 64% of houses are larger. Note that EPC data is not available for all properties in Elsenham.

BIRCHES: Plot and Title Map

BIRCHES sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of BIRCHES, 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 BIRCHES). 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 BIRCHES?

BIRCHES is located on PARK ROAD in ELSENHAM, in the CM22 postcode district. The below map shows the position of BIRCHES on PARK ROAD.