17, THE ELMS, CODICOTE, HITCHIN, SG4 8XS - £400,000

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.

17 THE ELMS is a small extended detached house of 113m², built sometime between 1967 and 1975, which could now be worth an estimated £471,853. It was last sold for £400,000 in January 2018, which was around 41% below the average January 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was E, and the potential energy rating was C.

17 THE ELMS Sold Prices

Land registry data shows one sale for 17 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
2018 12 JAN	£400,000	£674,652	41% below HPI

What might 17 THE ELMS be worth now?

17 THE ELMS might now be worth an estimated £471,853.

This is based on house price inflation of 18%, between January 2018 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 18% inflationary increase is applied to the most recent sale price for 17 THE ELMS of £400,000 on 12th January 2018. For the value to have increased from £400,000 to £471,853 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 17 THE ELMS has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The January 2018 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 17 THE ELMS has not materially changed since January 2018.

How Large is 17 THE ELMS?

17 THE ELMS is 113m², which includes two extensions, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses by size in Codicote, and where 17 THE ELMS lies on this distribution: 34% of detached houses are smaller than 17 THE ELMS, and 66% of detached houses are larger. Note that EPC data is not available for all properties in Codicote.

17 THE ELMS: Plot

17 THE ELMS sits on a plot of roughly 0.094 of an acre, or 379m².

Where is 17 THE ELMS?

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