13, RIB CLOSE, STANDON, WARE, SG11 1QS - £380,000

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

13 RIB CLOSE is a very small detached house of 70m², built sometime between 1983 and 1990. It was last sold for £380,000 in May 2018, which was around 47% below the average May 2018 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

13 RIB CLOSE Sold Prices

Land registry data shows three sales for 13 RIB 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 13 RIB 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
2018 25 MAY	£380,000	£712,120	47% below HPI
2005 21 JUL	£239,995	£391,965	39% below HPI
2002 31 MAY	£195,000	£315,533	38% below HPI

13 RIB 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 13 RIB CLOSE sales between May 2002 and May 2018 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 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2018 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 13 RIB CLOSE?

13 RIB CLOSE is 70m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses in Puckeridge, based on EPC data. The below chart shows the distribution of detached houses by size in Puckeridge, and where 13 RIB CLOSE lies on this distribution: 3% of detached houses are smaller than 13 RIB CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Puckeridge.

13 RIB CLOSE: Plot and Title Map

13 RIB CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 13 RIB 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 13 RIB 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 13 RIB CLOSE?

13 RIB CLOSE is located in STANDON, in the SG11 postcode district. The below map shows the position of No. 13 on RIB CLOSE.