15, THE ELMS, CODICOTE, HITCHIN, SG4 8XS - £685,000

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.

15 THE ELMS is a midsized extended detached house of 120m², built sometime between 1967 and 1975, which could now be worth an estimated £709,456. It was last sold for £685,000 in July 2023, which was around 11% below the average July 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.

15 THE ELMS Sold Prices

Land registry data shows one sale for 15 THE ELMS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North Hertfordshire 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
2023 12 JUL	£685,000	£768,407	11% below HPI

What might 15 THE ELMS be worth now?

15 THE ELMS might now be worth an estimated £709,456.

This is based on house price inflation of 3.6%, between July 2023 and May 2026, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.6% inflationary increase is applied to the most recent sale price for 15 THE ELMS of £685,000 on 12th July 2023. For the value to have increased from £685,000 to £709,456 over the three years and two months to May 2026, the following assumptions must hold true:

• The value of 15 THE ELMS has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The July 2023 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THE ELMS has not materially changed since July 2023.

How Large is 15 THE ELMS?

15 THE ELMS is 120m², which includes three extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses by size in Codicote, and where 15 THE ELMS lies on this distribution: 47% of detached houses are smaller than 15 THE ELMS, and 53% of detached houses are larger. Note that EPC data is not available for all properties in Codicote.

15 THE ELMS: Plot

15 THE ELMS sits on a plot of roughly 0.097 of an acre, or 391m².

Where is 15 THE ELMS?

15 THE ELMS is located in CODICOTE, in the SG4 postcode district.