1, MILL CLOSE, ELSENHAM, BISHOP'S STORTFORD, CM22 6EG - £175,000

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 MILL CLOSE is a semi-detached house, which could now be worth an estimated £457,581. It was last sold for £175,000 in July 2002, which was around 2% above the average July 2002 semi-detached price in the Uttlesford local authority area.

1 MILL CLOSE Sold Prices

Land registry data shows two sales for 1 MILL CLOSE 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. One of the two 1 MILL CLOSE sales was for above the average price, whilst the other was 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
2002 12 JUL	£175,000	£171,724	2% above HPI
2001 3 AUG	£133,000	£144,772	8% below HPI

What might 1 MILL CLOSE be worth now?

1 MILL CLOSE might now be worth an estimated £457,581.

This is based on house price inflation of 161.5%, between July 2002 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 161.5% inflationary increase is applied to the most recent sale price for 1 MILL CLOSE of £175,000 on 12th July 2002. For the value to have increased from £175,000 to £457,581 over the 24 years and two months to May 2026, the following assumptions must hold true:

• The value of 1 MILL CLOSE has moved in line with the HPI for semi-detached houses in the Uttlesford local authority area.
• The July 2002 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MILL CLOSE has not materially changed since July 2002.

Where is 1 MILL CLOSE?

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