2, CROSS ROAD, HERTFORD, SG14 3BX - £320,000

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 CROSS ROAD is a very small detached house of 84m², built sometime between 1983 and 1990, which could now be worth an estimated £644,342. It was last sold for £320,000 in April 2009, which was around 26% below the average April 2009 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2008, where the current energy rating was D, and the potential energy rating was D.

2 CROSS ROAD Sold Prices

Land registry data shows two sales for 2 CROSS 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 2 CROSS 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
2009 3 APR	£320,000	£431,029	26% below HPI
2001 12 APR	£210,000	£291,734	28% below HPI

2 CROSS 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 2 CROSS ROAD sales from April 2001 and April 2009 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 April 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2009 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 2 CROSS ROAD be worth now?

2 CROSS ROAD might now be worth an estimated £644,342.

This is based on house price inflation of 101.4%, between April 2009 and December 2024, 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 101.4% inflationary increase is applied to the most recent sale price for 2 CROSS ROAD of £320,000 on 3rd April 2009. For the value to have increased from £320,000 to £644,342 over the fourteen years and four months to December 2024, the following assumptions must hold true:

• The value of 2 CROSS ROAD has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The April 2009 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CROSS ROAD has not materially changed since April 2009.

How Large is 2 CROSS ROAD?

2 CROSS ROAD is 84m² according to the EPC inspection conducted in January 2008. This puts it in the smallest 10% of detached houses houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hertford, and where 2 CROSS ROAD lies on this distribution: 6% of detached houses houses are smaller than 2 CROSS ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Hertford.

2 CROSS ROAD: Plot and Title Map

2 CROSS ROAD sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 2 CROSS 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 2 CROSS 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 2 CROSS ROAD?

2 CROSS ROAD is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 2 on CROSS ROAD.