1, LANKESTER CLOSE, ELSENHAM, BISHOP'S STORTFORD, CM22 6YB - £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.

1 LANKESTER CLOSE is a very small detached house of 70m², which could now be worth an estimated £371,793. It was last sold for £325,000 in June 2017, which was around 48% below the average June 2017 detached price in the Uttlesford local authority area. The most recent EPC inspection was January 2017, where the current energy rating was C, and the potential energy rating was A.

1 LANKESTER CLOSE Sold Prices

Land registry data shows one sale for 1 LANKESTER CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Uttlesford local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 9 JUN	£325,000	£627,029	48% below HPI

What might 1 LANKESTER CLOSE be worth now?

1 LANKESTER CLOSE might now be worth an estimated £371,793.

This is based on house price inflation of 14.4%, between June 2017 and March 2026, for 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 14.4% inflationary increase is applied to the most recent sale price for 1 LANKESTER CLOSE of £325,000 on 9th June 2017. For the value to have increased from £325,000 to £371,793 over the nine years and three months to March 2026, the following assumptions must hold true:

• The value of 1 LANKESTER CLOSE has moved in line with the HPI for detached houses in the Uttlesford local authority area.
• The June 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LANKESTER CLOSE has not materially changed since June 2017.

How Large is 1 LANKESTER CLOSE?

1 LANKESTER CLOSE is 70m² according to the EPC inspection conducted in January 2017. 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 1 LANKESTER CLOSE lies on this distribution: 3% of detached houses are smaller than 1 LANKESTER CLOSE, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Elsenham.

1 LANKESTER CLOSE: Plot

1 LANKESTER CLOSE sits on a plot of roughly 0.069 of an acre, or 278m².

Where is 1 LANKESTER CLOSE?

1 LANKESTER CLOSE is located in ELSENHAM, in the CM22 postcode district.