1, THE WICK, HERTFORD, SG14 3HN - £700,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 THE WICK is a midsized extended detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £813,014. It was last sold for £700,000 in November 2017, which was around 6% below the average November 2017 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

1 THE WICK Sold Prices

Land registry data shows two sales for 1 THE WICK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 1 THE WICK 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
2017 9 NOV	£700,000	£747,262	6% below HPI
2008 26 SEP	£330,000	£491,637	33% below HPI

1 THE WICK 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 two 1 THE WICK sales from September 2008 and November 2017 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 September 2008 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the November 2017 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1 THE WICK be worth now?

1 THE WICK might now be worth an estimated £813,014.

This is based on house price inflation of 16.1%, between November 2017 and December 2024, 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 16.1% inflationary increase is applied to the most recent sale price for 1 THE WICK of £700,000 on 9th November 2017. For the value to have increased from £700,000 to £813,014 over the six years and eleven months to December 2024, the following assumptions must hold true:

• The value of 1 THE WICK has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The November 2017 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE WICK has not materially changed since November 2017.

How Large is 1 THE WICK?

1 THE WICK is 130m², which includes three extensions, according to the EPC inspection conducted in August 2017. 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 THE WICK lies on this distribution: 45% of detached houses houses are smaller than 1 THE WICK, and 54% of houses are larger. Note that EPC data is not available for all properties in Hertford.

1 THE WICK: Plot and Title Map

1 THE WICK sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 1 THE WICK, 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 THE WICK). 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 THE WICK?

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