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 WESTBURY FARM CLOSE is a small detached house of 128m², built sometime between 1996 and 2002. It was last sold for £615,000 in October 2023, which was around 14% below the average October 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 18 WESTBURY FARM CLOSE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. three of the six 18 WESTBURY FARM CLOSE sales were for below the average price, and six were for above 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 23 OCT | £615,000 | £713,084 | 14% below HPI |
2022 23 NOV | £647,000 | £710,217 | 9% below HPI |
2016 20 DEC | £550,000 | £605,789 | 9% below HPI |
2010 11 JUN | £445,000 | £401,600 | 11% above HPI |
2004 9 JAN | £365,000 | £317,272 | 15% above HPI |
2001 22 MAY | £249,500 | £221,828 | 12% above HPI |
The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The six 18 WESTBURY FARM CLOSE sales between May 2001 and October 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 November 2022 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the October 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
18 WESTBURY FARM CLOSE is 128m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 40% of detached houses in Great Offley, based on EPC data. The below chart shows the distribution of detached houses by size in Great Offley, and where 18 WESTBURY FARM CLOSE lies on this distribution: 33% of detached houses are smaller than 18 WESTBURY FARM CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Great Offley.
18 WESTBURY FARM CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 18 WESTBURY FARM 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 18 WESTBURY FARM 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.
18 WESTBURY FARM CLOSE is located in OFFLEY, in the SG5 postcode district. The below map shows the position of No. 18 on WESTBURY FARM CLOSE.