1, MUSLEY LANE, WARE, SG12 7EN - £397,500

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 MUSLEY LANE is a very small extended detached house of 64m², built sometime before 1900. It was last sold for £397,500 in March 2021, which was around 45% below the average March 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was C.

1 MUSLEY LANE Sold Prices

Land registry data shows four sales for 1 MUSLEY LANE 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. All of the four 1 MUSLEY LANE 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
2021 5 MAR	£397,500	£722,077	45% below HPI
2020 31 JUL	£395,000	£730,765	46% below HPI
2012 15 JUN	£245,000	£466,297	47% below HPI
2007 27 APR	£224,000	£445,381	50% below HPI

1 MUSLEY LANE 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 MUSLEY LANE sales between April 2007 and March 2021 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 July 2020 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the March 2021 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

How Large is 1 MUSLEY LANE?

1 MUSLEY LANE is 64m², which includes two extensions, according to the EPC inspection conducted in April 2023. This puts it in the smallest 10% of detached houses in Ware, based on EPC data. The below chart shows the distribution of detached houses by size in Ware, and where 1 MUSLEY LANE lies on this distribution: 2% of detached houses are smaller than 1 MUSLEY LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ware.

1 MUSLEY LANE: Plot and Title Map

1 MUSLEY LANE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 1 MUSLEY LANE, 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 MUSLEY LANE). 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 MUSLEY LANE?

1 MUSLEY LANE is located in WARE, in the SG12 postcode district. The below map shows the position of No. 1 on MUSLEY LANE.