18, MARTINS DRIVE, HERTFORD, SG13 7TA - £567,500

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

18 MARTINS DRIVE is a small detached house of 119m², built sometime between 1976 and 1982. It was last sold for £567,500 in November 2022, which was around 29% below the average November 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

18 MARTINS DRIVE Sold Prices

Land registry data shows three sales for 18 MARTINS 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 East Hertfordshire local authority area for the corresponding sale date. All of the three 18 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
2022 15 NOV	£567,500	£796,572	29% below HPI
2002 18 SEP	£275,000	£342,506	20% below HPI
1996 27 SEP	£113,000	£147,778	24% below HPI

18 MARTINS DRIVE 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 18 MARTINS DRIVE sales between September 1996 and November 2022 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 September 2002 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2022 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 18 MARTINS DRIVE?

18 MARTINS DRIVE is 119m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 40% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 18 MARTINS DRIVE lies on this distribution: 35% of detached houses are smaller than 18 MARTINS DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Hertford.

18 MARTINS DRIVE: Plot and Title Map

18 MARTINS DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 18 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 18 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.

Where is 18 MARTINS DRIVE?

18 MARTINS DRIVE is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 18 on MARTINS DRIVE.