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CM23

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New builds in CM23: what they really sell for.

45 new-build homes sold in CM23 in the last 12 months, 8% of all sales. New detached homes sold for a median £585,000, 10.0% less than existing ones.

Bishop'S Stortford, covering Bishop's Stortford All Saints, Bishop's Stortford Central, Bishop's Stortford North, Bishop's Stortford Parsonage, Bishop's Stortford South, Bishop's Stortford Thorley Manor, Broad Oak & the Hallingburys, Little Hadham & The Pelhams.

New homes sold

45

8% of sales, last 12 months

New-build premium

-10.0%

Detached homes

Resold, vs market

+5.2%

Market +5.9%

Energy bills

~£517/yr

100% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Mountbatten WayCM23 4SX · detached, semi-detached · 9 sold · latest Jan 2026
£455k–£750k£4,867/m²
Harris WayCM23 0BB · detached, semi-detached · 9 sold · latest Dec 2025
£361k–£565k£5,091/m²
Johnson WayCM23 0BD · detached · 3 sold · latest Dec 2025
£490k–£556k£5,067/m²
Narley Field Road, ManudenCM23 1JU · detached · 7 sold · latest Dec 2025
£338k–£646k£1,761/m²
Hoppett CloseCM23 4TP · detached, semi-detached · 9 sold · latest Dec 2025
£450k–£705k£4,853/m²
Baldwin WayCM23 0AL · detached, semi-detached · 11 sold · latest Dec 2025
£400k–£710k£4,230/m²
Hammett CrescentCM23 0AP · detached · 5 sold · latest Dec 2025
£551k–£690k£4,083/m²
Curtis RoadCM23 0AZ · detached, semi-detached · 8 sold · latest Nov 2025
£361k–£555k£5,755/m²
Payne DriveCM23 0BF · detached · 6 sold · latest Nov 2025
£522k–£585k£5,087/m²
Waterman RoadCM23 0BH · semi-detached, terraced · 4 sold · latest Nov 2025
£399k–£455k£5,169/m²
Milsons RoadCM23 4TQ · detached, semi-detached · 10 sold · latest Nov 2025
£473k–£795k£4,674/m²
Antler RiseCM23 1GH · detached · 4 sold · latest Nov 2025
£545k–£782k£4,722/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

-10.0%

New £585k · existing £650k

108 new-build sales

Semi-detached

+2.2%

New £459k · existing £449k

44 new-build sales

Terraced

+20.1%

New £448k · existing £373k

10 new-build sales

Flat

+30.8%

New £320k · existing £245k

48 new-build sales

Resale

Do new builds in CM23 hold their value?

Bought new, resold

+5.2%

Local market, same years

+5.9%

Kept pace

107 of 233

Typically held 4.1 years

Homes in CM23 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£517/yr

Typical 115 m² home

Typical rating

EPC A

Solar panels

100%

of homes

Heat pumps

0%

of homes

From the energy certificates of 74 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in CM23?

Over the last two years, new detached homes in CM23 sold for a median £585,000 against £650,000 for existing ones, a difference of -10.0%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in CM23 hold their value?

233 homes in CM23 bought new and later resold changed by a median +5.2%, typically after 4.1 years. The local market moved +5.9% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in CM23?

Recent new-build sales recorded by Land Registry in CM23 include Mountbatten Way, Harris Way, Johnson Way, Narley Field Road, Manuden, Hoppett Close. New streets appear once the first homes complete.

How do I know if a new build in CM23 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers