2, ELM CLOSE, ELSENHAM, BISHOP'S STORTFORD, CM22 6LE - £390,000

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.

2 ELM CLOSE is a midsized extended semi-detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £405,519. It was last sold for £390,000 in July 2022, which was around 10% below the average July 2022 semi-detached price in the Uttlesford local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

2 ELM CLOSE Sold Prices

Land registry data shows one sale for 2 ELM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2022 1 JUL	£390,000	£431,831	10% below HPI

What might 2 ELM CLOSE be worth now?

2 ELM CLOSE might now be worth an estimated £405,519.

This is based on house price inflation of 4%, between July 2022 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 4% inflationary increase is applied to the most recent sale price for 2 ELM CLOSE of £390,000 on 1st July 2022. For the value to have increased from £390,000 to £405,519 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 2 ELM CLOSE has moved in line with the HPI for semi-detached houses in the Uttlesford local authority area.
• The July 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELM CLOSE has not materially changed since July 2022.

How Large is 2 ELM CLOSE?

2 ELM CLOSE is 93m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the largest 50% of semi-detached houses in Elsenham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Elsenham, and where 2 ELM CLOSE lies on this distribution: 58% of semi-detached houses are smaller than 2 ELM CLOSE, and 41% of semi-detached houses are larger. Note that EPC data is not available for all properties in Elsenham.

2 ELM CLOSE: Plot

2 ELM CLOSE sits on a plot of roughly 0.106 of an acre, or 427m².

Where is 2 ELM CLOSE?

2 ELM CLOSE is located in ELSENHAM, in the CM22 postcode district.