12A, THE CLOSE, ROYSTON, SG8 7JT - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12A THE CLOSE is a large detached house of 132m², built sometime between 2007 and 2011. It was last sold for £450,000 in September 2022, which was around 37% below the average September 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

12A THE CLOSE Sold Prices

Land registry data shows two sales for 12A THE 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 12A THE 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 2 SEP	£450,000	£709,245	37% below HPI
2014 3 JAN	£72,500	£432,606	83% below HPI

12A THE 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 12A THE CLOSE sales from January 2014 and September 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 January 2014 sale was for 83% below the HPI. So the extrapolation line tracks at 83% below the HPI over time, until the September 2022 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 12A THE CLOSE?

12A THE CLOSE is 132m² according to the EPC inspection conducted in March 2022. This puts it in the largest 40% of detached houses in Royston, based on EPC data. The below chart shows the distribution of detached houses by size in Royston, and where 12A THE CLOSE lies on this distribution: 64% of detached houses are smaller than 12A THE CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Royston.

12A THE CLOSE: Plot and Title Map

12A THE CLOSE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 12A THE 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 12A THE 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 12A THE CLOSE?

12A THE CLOSE is located in ROYSTON, in the SG8 postcode district. The below map shows the position of No. 12A on THE CLOSE.