2, CEDAR CLOSE, WARE, SG12 9PG - £760,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 CEDAR CLOSE is a very small detached house of 93m², built sometime between 1950 and 1966, which could now be worth an estimated £874,046. It was last sold for £760,000 in March 2017, which was around 2% above the average March 2017 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was October 2010, where the current energy rating was F, and the potential energy rating was C.

2 CEDAR CLOSE Sold Prices

Land registry data shows two sales for 2 CEDAR CLOSE 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. One of the two 2 CEDAR CLOSE sales was for above the average price, whilst the other was 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
2017 10 MAR	£760,000	£742,671	2% above HPI
2011 2 FEB	£359,500	£491,689	27% below HPI

2 CEDAR 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 two 2 CEDAR CLOSE sales from February 2011 and March 2017 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 February 2011 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 2 CEDAR CLOSE be worth now?

2 CEDAR CLOSE might now be worth an estimated £874,046.

This is based on house price inflation of 15%, between March 2017 and February 2025, 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 15% inflationary increase is applied to the most recent sale price for 2 CEDAR CLOSE of £760,000 on 10th March 2017. For the value to have increased from £760,000 to £874,046 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 2 CEDAR CLOSE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The March 2017 sale price of £760,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CEDAR CLOSE has not materially changed since March 2017.

How Large is 2 CEDAR CLOSE?

2 CEDAR CLOSE is 93m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% of detached houses houses in Ware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ware, and where 2 CEDAR CLOSE lies on this distribution: 16% of detached houses houses are smaller than 2 CEDAR CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Ware.

2 CEDAR CLOSE: Plot and Title Map

2 CEDAR CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 2 CEDAR 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 2 CEDAR 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 2 CEDAR CLOSE?

2 CEDAR CLOSE is located in WARE, in the SG12 postcode district. The below map shows the position of No. 2 on CEDAR CLOSE.