2, CRANBOURNE DRIVE, HODDESDON, EN11 0QQ - £825,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 CRANBOURNE DRIVE is a large extended detached house of 160m², built sometime between 1930 and 1949, which could now be worth an estimated £878,113. It was last sold for £825,000 in October 2021, which was about the average October 2021 detached price in the Broxbourne local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

2 CRANBOURNE DRIVE Sold Prices

Land registry data shows three sales for 2 CRANBOURNE 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 Broxbourne local authority area for the corresponding sale date. The three 2 CRANBOURNE DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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 7 OCT	£825,000	£828,954	Close to HPI
2013 1 FEB	£528,000	£485,148	9% above HPI
1996 22 NOV	£132,500	£154,127	14% below HPI

2 CRANBOURNE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The three 2 CRANBOURNE DRIVE sales between November 1996 and October 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 February 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 CRANBOURNE DRIVE be worth now?

2 CRANBOURNE DRIVE might now be worth an estimated £878,113.

This is based on house price inflation of 6.4%, between October 2021 and December 2024, for detached houses, in the Broxbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.4% inflationary increase is applied to the most recent sale price for 2 CRANBOURNE DRIVE of £825,000 on 7th October 2021. For the value to have increased from £825,000 to £878,113 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 2 CRANBOURNE DRIVE has moved in line with the HPI for detached houses in the Broxbourne local authority area.
• The October 2021 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CRANBOURNE DRIVE has not materially changed since October 2021.

How Large is 2 CRANBOURNE DRIVE?

2 CRANBOURNE DRIVE is 160m², which includes three extensions, according to the EPC inspection conducted in August 2021. This puts it in the largest 40% of detached houses houses in Hoddesdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoddesdon, and where 2 CRANBOURNE DRIVE lies on this distribution: 64% of detached houses houses are smaller than 2 CRANBOURNE DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Hoddesdon.

2 CRANBOURNE DRIVE: Plot and Title Map

2 CRANBOURNE DRIVE sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 2 CRANBOURNE 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 2 CRANBOURNE 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 2 CRANBOURNE DRIVE?

2 CRANBOURNE DRIVE is located in HODDESDON, in the EN11 postcode district. The below map shows the position of No. 2 on CRANBOURNE DRIVE.