13, MARTINS DRIVE, HERTFORD, SG13 7TA - £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.

13 MARTINS DRIVE is a small extended detached house of 111m², built sometime between 1983 and 1990, which could now be worth an estimated £699,947. It was last sold for £500,000 in May 2015, which was around 18% below the average May 2015 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

13 MARTINS DRIVE Sold Prices

Land registry data shows four sales for 13 MARTINS DRIVE 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 13 MARTINS DRIVE 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
2015 14 MAY	£500,000	£612,656	18% below HPI
2001 26 JUL	£235,000	£304,166	23% below HPI
2000 30 MAY	£209,950	£261,698	20% below HPI
1996 12 SEP	£129,000	£157,995	18% below HPI

13 MARTINS DRIVE 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 13 MARTINS DRIVE sales between September 1996 and May 2015 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 2001 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2015 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 13 MARTINS DRIVE be worth now?

13 MARTINS DRIVE might now be worth an estimated £699,947.

This is based on house price inflation of 40%, between May 2015 and March 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 40% inflationary increase is applied to the most recent sale price for 13 MARTINS DRIVE of £500,000 on 14th May 2015. For the value to have increased from £500,000 to £699,947 over the ten years and two months to March 2025, the following assumptions must hold true:

• The value of 13 MARTINS DRIVE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The May 2015 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 13 MARTINS DRIVE has not materially changed since May 2015.

How Large is 13 MARTINS DRIVE?

13 MARTINS DRIVE is 111m², which includes one extension, according to the EPC inspection conducted in December 2016. This puts it in the smallest 30% 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 13 MARTINS DRIVE lies on this distribution: 27% of detached houses houses are smaller than 13 MARTINS DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Hertford.

13 MARTINS DRIVE: Plot and Title Map

13 MARTINS DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 13 MARTINS DRIVE, 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 13 MARTINS DRIVE). 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 13 MARTINS DRIVE?

13 MARTINS DRIVE is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 13 on MARTINS DRIVE.