18, GRASMERE ROAD, WARE, SG12 7NP - £625,000

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

18 GRASMERE ROAD is a small detached house of 102m², built sometime between 1967 and 1975. It was last sold for £625,000 in March 2021, which was around 13% below the average March 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

18 GRASMERE ROAD Sold Prices

Land registry data shows two sales for 18 GRASMERE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 18 GRASMERE ROAD 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
2021 15 MAR	£625,000	£722,077	13% below HPI
2014 19 DEC	£445,000	£561,381	21% below HPI

18 GRASMERE ROAD 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 two 18 GRASMERE ROAD sales from December 2014 and March 2021 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 December 2014 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2021 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 18 GRASMERE ROAD?

18 GRASMERE ROAD is 102m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 30% of detached houses in Ware, based on EPC data. The below chart shows the distribution of detached houses by size in Ware, and where 18 GRASMERE ROAD lies on this distribution: 24% of detached houses are smaller than 18 GRASMERE ROAD, and 74% of houses are larger. Note that EPC data is not available for all properties in Ware.

18 GRASMERE ROAD: Plot and Title Map

18 GRASMERE ROAD sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 18 GRASMERE ROAD, 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 18 GRASMERE ROAD). 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 18 GRASMERE ROAD?

18 GRASMERE ROAD is located in WARE, in the SG12 postcode district. The below map shows the position of No. 18 on GRASMERE ROAD.