1, LODGE CLOSE, HERTFORD, SG14 3DH - £1,000,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 LODGE CLOSE is a midsized extended detached house of 129m², built sometime between 1967 and 1975. It was last sold for £1,000,000 in September 2022, which was around 26% above the average September 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

1 LODGE CLOSE Sold Prices

Land registry data shows four sales for 1 LODGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Most of the four 1 LODGE CLOSE sales were for below 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
2022 12 SEP	£1,000,000	£796,004	26% above HPI
2014 28 AUG	£499,000	£548,024	9% below HPI
2009 25 JUN	£400,000	£415,702	4% below HPI
2000 5 MAY	£230,000	£244,774	6% below HPI

1 LODGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The four 1 LODGE CLOSE sales between May 2000 and September 2022 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 August 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 1 LODGE CLOSE?

1 LODGE CLOSE is 129m², which includes two extensions, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 1 LODGE CLOSE lies on this distribution: 44% of detached houses are smaller than 1 LODGE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Hertford.

1 LODGE CLOSE: Plot and Title Map

1 LODGE CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 1 LODGE CLOSE, 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 1 LODGE CLOSE). 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 1 LODGE CLOSE?

1 LODGE CLOSE is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 1 on LODGE CLOSE.