2, ELIZABETH CLOSE, HERTFORD, SG14 2DB - £485,000

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 ELIZABETH CLOSE is a large detached house of 168m², built sometime between 2003 and 2006, which could now be worth an estimated £839,887. It was last sold for £485,000 in February 2012, which was around 3% below the average February 2012 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was C, and the potential energy rating was C.

2 ELIZABETH CLOSE Sold Prices

Land registry data shows two sales for 2 ELIZABETH 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. Both of the two 2 ELIZABETH CLOSE 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
2012 17 FEB	£485,000	£501,180	3% below HPI
2005 19 OCT	£425,000	£437,735	3% below HPI

2 ELIZABETH 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 ELIZABETH CLOSE sales from October 2005 and February 2012 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 2005 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2012 sale, which was also at 3% below the HPI.

What might 2 ELIZABETH CLOSE be worth now?

2 ELIZABETH CLOSE might now be worth an estimated £839,887.

This is based on house price inflation of 73.2%, between February 2012 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 73.2% inflationary increase is applied to the most recent sale price for 2 ELIZABETH CLOSE of £485,000 on 17th February 2012. For the value to have increased from £485,000 to £839,887 over the eleven years and two months to December 2024, the following assumptions must hold true:

• The value of 2 ELIZABETH CLOSE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The February 2012 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELIZABETH CLOSE has not materially changed since February 2012.

How Large is 2 ELIZABETH CLOSE?

2 ELIZABETH CLOSE is 168m² according to the EPC inspection conducted in August 2011. This puts it in the largest 30% 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 ELIZABETH CLOSE lies on this distribution: 71% of detached houses houses are smaller than 2 ELIZABETH CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Hertford.

2 ELIZABETH CLOSE: Plot and Title Map

2 ELIZABETH CLOSE sits on a plot of roughly 0.101 of an acre, or 409m². The below map shows the location of 2 ELIZABETH 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 ELIZABETH 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 ELIZABETH CLOSE?

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