1, MARTINS DRIVE, HERTFORD, SG13 7TA - £485,000

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.

1 MARTINS DRIVE is a midsized detached house of 127m², built sometime between 1991 and 1995, which could now be worth an estimated £743,483. It was last sold for £485,000 in February 2014, which was around 13% below the average February 2014 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

1 MARTINS DRIVE Sold Prices

Land registry data shows six sales for 1 MARTINS DRIVE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Most of the six 1 MARTINS DRIVE 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
2014 7 FEB	£485,000	£559,477	13% below HPI
2010 16 AUG	£425,000	£496,994	14% below HPI
2006 27 SEP	£415,000	£458,751	10% below HPI
2004 7 OCT	£400,000	£430,603	7% below HPI
2000 30 JUN	£245,000	£267,660	8% below HPI
1996 24 MAY	£176,950	£150,612	17% above HPI

1 MARTINS DRIVE 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 six 1 MARTINS DRIVE sales between May 1996 and February 2014 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 2010 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the February 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 1 MARTINS DRIVE be worth now?

1 MARTINS DRIVE might now be worth an estimated £743,483.

This is based on house price inflation of 53.3%, between February 2014 and March 2025, for detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 53.3% inflationary increase is applied to the most recent sale price for 1 MARTINS DRIVE of £485,000 on 7th February 2014. For the value to have increased from £485,000 to £743,483 over the ten years and eleven months to March 2025, the following assumptions must hold true:

• The value of 1 MARTINS DRIVE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The February 2014 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MARTINS DRIVE has not materially changed since February 2014.

How Large is 1 MARTINS DRIVE?

1 MARTINS DRIVE is 127m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 50% of detached houses houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hertford, and where 1 MARTINS DRIVE lies on this distribution: 43% of detached houses houses are smaller than 1 MARTINS DRIVE, and 57% of houses are larger. Note that EPC data is not available for all properties in Hertford.

1 MARTINS DRIVE: Plot and Title Map

1 MARTINS DRIVE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 1 MARTINS DRIVE, 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 MARTINS DRIVE). 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 MARTINS DRIVE?

1 MARTINS DRIVE is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 1 on MARTINS DRIVE.