13, THE DRIVE, HODDESDON, EN11 9JB - £555,000

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 THE DRIVE is a small extended detached house of 116m², built sometime between 1900 and 1929. It was last sold for £555,000 in May 2019, which was around 25% below the average May 2019 detached price in the Broxbourne local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was D.

13 THE DRIVE Sold Prices

Land registry data shows three sales for 13 THE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. All of the three 13 THE 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
2019 21 MAY	£555,000	£740,259	25% below HPI
2012 22 AUG	£365,000	£458,026	20% below HPI
2005 24 JUN	£258,000	£393,389	34% below HPI

13 THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The three 13 THE DRIVE sales between June 2005 and May 2019 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 2012 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 13 THE DRIVE?

13 THE DRIVE is 116m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 30% of detached houses in Hoddesdon, based on EPC data. The below chart shows the distribution of detached houses by size in Hoddesdon, and where 13 THE DRIVE lies on this distribution: 28% of detached houses are smaller than 13 THE DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Hoddesdon.

13 THE DRIVE: Plot and Title Map

13 THE DRIVE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 13 THE 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 THE 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 THE DRIVE?

13 THE DRIVE is located in HODDESDON, in the EN11 postcode district. The below map shows the position of No. 13 on THE DRIVE.