4, THE ELMS, CODICOTE, HITCHIN, SG4 8XS - £365,000

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.

4 THE ELMS is a large extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £734,873. It was last sold for £365,000 in September 2009, which was around 8% below the average September 2009 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was E, and the potential energy rating was D.

4 THE ELMS Sold Prices

Land registry data shows one sale for 4 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
2009 11 SEP	£365,000	£395,282	8% below HPI

What might 4 THE ELMS be worth now?

4 THE ELMS might now be worth an estimated £734,873.

This is based on house price inflation of 101.3%, between September 2009 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 101.3% inflationary increase is applied to the most recent sale price for 4 THE ELMS of £365,000 on 11th September 2009. For the value to have increased from £365,000 to £734,873 over the seventeen years and four months to May 2026, the following assumptions must hold true:

• The value of 4 THE ELMS has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The September 2009 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 4 THE ELMS has not materially changed since September 2009.

How Large is 4 THE ELMS?

4 THE ELMS is 138m², which includes two extensions, according to the EPC inspection conducted in October 2008. This puts it in the largest 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 4 THE ELMS lies on this distribution: 67% of detached houses are smaller than 4 THE ELMS, and 33% of detached houses are larger. Note that EPC data is not available for all properties in Codicote.

4 THE ELMS: Plot

4 THE ELMS sits on a plot of roughly 0.092 of an acre, or 373m².

Where is 4 THE ELMS?

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