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

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 MARTINS DRIVE is a midsized detached house of 127m², built sometime between 1991 and 1995. It was last sold for £485,000 in February 2014, which was around 7% 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	£523,297	7% below HPI
2010 16 AUG	£425,000	£464,854	9% below HPI
2006 27 SEP	£415,000	£429,085	3% below HPI
2004 7 OCT	£400,000	£402,757	1% below HPI
2000 30 JUN	£245,000	£250,351	2% below HPI
1996 24 MAY	£176,950	£140,872	26% 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 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2014 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

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 in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 1 MARTINS DRIVE lies on this distribution: 43% of detached 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.