1, RIVETT CLOSE, BALDOCK, SG7 6TW - £550,000

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 RIVETT CLOSE is a large extended detached house of 145m², built sometime between 1976 and 1982, which could now be worth an estimated £571,699. It was last sold for £550,000 in February 2022, which was around 26% below the average February 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

1 RIVETT CLOSE Sold Prices

Land registry data shows two sales for 1 RIVETT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 1 RIVETT 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 25 FEB	£550,000	£746,703	26% below HPI
2005 3 JUN	£357,500	£370,935	4% below HPI

1 RIVETT CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 1 RIVETT CLOSE sales from June 2005 and February 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 June 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the February 2022 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 RIVETT CLOSE be worth now?

1 RIVETT CLOSE might now be worth an estimated £571,699.

This is based on house price inflation of 3.9%, between February 2022 and February 2025, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.9% inflationary increase is applied to the most recent sale price for 1 RIVETT CLOSE of £550,000 on 25th February 2022. For the value to have increased from £550,000 to £571,699 over the three years to February 2025, the following assumptions must hold true:

• The value of 1 RIVETT CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 1 RIVETT CLOSE has not materially changed since February 2022.

How Large is 1 RIVETT CLOSE?

1 RIVETT CLOSE is 145m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses houses in Baldock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Baldock, and where 1 RIVETT CLOSE lies on this distribution: 76% of detached houses houses are smaller than 1 RIVETT CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Baldock.

1 RIVETT CLOSE: Plot and Title Map

1 RIVETT CLOSE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 1 RIVETT 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 RIVETT 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 RIVETT CLOSE?

1 RIVETT CLOSE is located in BALDOCK, in the SG7 postcode district. The below map shows the position of No. 1 on RIVETT CLOSE.