1, WARD CLOSE, WARE, SG12 0BU - £500,000

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 WARD CLOSE is a small detached house of 106m², built sometime between 1976 and 1982, which could now be worth an estimated £632,354. It was last sold for £500,000 in February 2016, which was around 26% below the average February 2016 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

1 WARD CLOSE Sold Prices

Land registry data shows three sales for 1 WARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 1 WARD 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
2016 12 FEB	£500,000	£675,347	26% below HPI
2006 31 AUG	£310,000	£445,568	30% below HPI
1999 17 DEC	£175,000	£246,042	29% below HPI

1 WARD CLOSE 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 three 1 WARD CLOSE sales between December 1999 and February 2016 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2016 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 1 WARD CLOSE be worth now?

1 WARD CLOSE might now be worth an estimated £632,354.

This is based on house price inflation of 26.5%, between February 2016 and February 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 26.5% inflationary increase is applied to the most recent sale price for 1 WARD CLOSE of £500,000 on 12th February 2016. For the value to have increased from £500,000 to £632,354 over the nine years to February 2025, the following assumptions must hold true:

• The value of 1 WARD CLOSE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The February 2016 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WARD CLOSE has not materially changed since February 2016.

How Large is 1 WARD CLOSE?

1 WARD CLOSE is 106m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% of detached houses houses in Ware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ware, and where 1 WARD CLOSE lies on this distribution: 28% of detached houses houses are smaller than 1 WARD CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Ware.

1 WARD CLOSE: Plot and Title Map

1 WARD CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 1 WARD 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 WARD 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 WARD CLOSE?

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