Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
13 MARTINS DRIVE is a small extended detached house of 111m², built sometime between 1983 and 1990. It was last sold for £500,000 in May 2015, which was around 13% 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.
Land registry data shows four sales for 13 MARTINS DRIVE since 1st 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 | £573,037 | 13% below HPI |
2001 26 JUL | £235,000 | £284,496 | 17% below HPI |
2000 30 MAY | £209,950 | £244,774 | 14% below HPI |
1996 12 SEP | £129,000 | £147,778 | 13% below HPI |
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 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2015 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.
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 in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 13 MARTINS DRIVE lies on this distribution: 27% of detached 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 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.
13 MARTINS DRIVE is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 13 on MARTINS DRIVE.