14, GRANGE CLOSE, HERTFORD, SG14 1LY - £720,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

14 GRANGE CLOSE is a small extended detached house of 112m², built sometime between 1983 and 1990, which could now be worth an estimated £755,314. It was last sold for £720,000 in December 2023, which was around 13% below the average December 2023 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

14 GRANGE CLOSE Sold Prices

Land registry data shows four sales for 14 GRANGE CLOSE 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 14 GRANGE 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
2023 19 DEC	£720,000	£827,328	13% below HPI
2017 2 JUN	£622,000	£760,670	18% below HPI
2015 9 OCT	£533,149	£657,667	19% below HPI
2007 12 JAN	£290,499	£463,593	37% below HPI

14 GRANGE 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 four 14 GRANGE CLOSE sales between January 2007 and December 2023 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 June 2017 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2023 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 14 GRANGE CLOSE be worth now?

14 GRANGE CLOSE might now be worth an estimated £755,314.

This is based on house price inflation of 4.9%, between December 2023 and December 2024, 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 4.9% inflationary increase is applied to the most recent sale price for 14 GRANGE CLOSE of £720,000 on 19th December 2023. For the value to have increased from £720,000 to £755,314 over the one year to December 2024, the following assumptions must hold true:

• The value of 14 GRANGE CLOSE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The December 2023 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of 14 GRANGE CLOSE has not materially changed since December 2023.

How Large is 14 GRANGE CLOSE?

14 GRANGE CLOSE is 112m², which includes two extensions, according to the EPC inspection conducted in July 2015. 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 14 GRANGE CLOSE lies on this distribution: 27% of detached houses houses are smaller than 14 GRANGE CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Hertford.

14 GRANGE CLOSE: Plot and Title Map

14 GRANGE CLOSE sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 14 GRANGE 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 14 GRANGE 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 14 GRANGE CLOSE?

14 GRANGE CLOSE is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 14 on GRANGE CLOSE.