18A, HOMEFIELD ROAD, WARE, SG12 7NG - £405,000

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

18A HOMEFIELD ROAD is a very small detached house of 91m², built sometime between 1991 and 1995. It was last sold for £405,000 in April 2014, which was around 23% below the average April 2014 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

18A HOMEFIELD ROAD Sold Prices

Land registry data shows two sales for 18A HOMEFIELD 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 18A HOMEFIELD 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
2014 30 APR	£405,000	£524,085	23% below HPI
2004 12 OCT	£327,500	£402,757	19% below HPI

18A HOMEFIELD 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 18A HOMEFIELD ROAD sales from October 2004 and April 2014 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 October 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the April 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 18A HOMEFIELD ROAD?

18A HOMEFIELD ROAD is 91m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 20% of detached houses in Ware, based on EPC data. The below chart shows the distribution of detached houses by size in Ware, and where 18A HOMEFIELD ROAD lies on this distribution: 15% of detached houses are smaller than 18A HOMEFIELD ROAD, and 84% of houses are larger. Note that EPC data is not available for all properties in Ware.

18A HOMEFIELD ROAD: Plot and Title Map

18A HOMEFIELD ROAD sits on a plot of roughly 0.111 of an acre, or 451m². The below map shows the location of 18A HOMEFIELD 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 18A HOMEFIELD 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 18A HOMEFIELD ROAD?

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