THE ELMS, MOUNT HILL, HALSTEAD, CO9 1AD - £600,000

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.

THE ELMS is a very large extended detached house of 165m², built sometime between 1900 and 1929, which could now be worth an estimated £583,022. It was last sold for £600,000 in April 2023, which was around 5% above the average April 2023 detached price in the Braintree local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was C.

THE ELMS Sold Prices

Land registry data shows three sales for THE ELMS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Braintree local authority area for the corresponding sale date. All of the three THE ELMS sales were for above 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
2023 17 APR	£600,000	£573,109	5% above HPI
2013 28 FEB	£325,000	£316,696	3% above HPI
1998 26 AUG	£149,750	£121,210	24% above HPI

THE ELMS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Braintree local authority area over time, sourced from the HPI. The three THE ELMS sales between August 1998 and April 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2023 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might THE ELMS be worth now?

THE ELMS might now be worth an estimated £583,022.

This is based on house price deflation of 2.8%, between April 2023 and May 2026, for detached houses, in the Braintree local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% deflationary decrease is applied to the most recent sale price for THE ELMS of £600,000 on 17th April 2023. For the value to have decreased from £600,000 to £583,022 over the two years and eleven months to May 2026, the following assumptions must hold true:

• The value of THE ELMS has moved in line with the HPI for detached houses in the Braintree local authority area.
• The April 2023 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of THE ELMS has not materially changed since April 2023.

How Large is THE ELMS?

THE ELMS is 165m², which includes one extension, according to the EPC inspection conducted in December 2022. This puts it in the largest 10% of detached houses houses in Halstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Halstead, and where THE ELMS lies on this distribution: 93% of detached houses houses are smaller than THE ELMS, and 6% of houses are larger. Note that EPC data is not available for all properties in Halstead.

THE ELMS: Plot and Title Map

THE ELMS sits on a plot of roughly 0.137 of an acre, or 555m². The below map shows the location of THE ELMS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of THE ELMS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is THE ELMS?

THE ELMS is located on MOUNT HILL in HALSTEAD, in the CO9 postcode district. The below map shows the position of THE ELMS on MOUNT HILL.