2, GREAT MOLEWOOD, HERTFORD, SG14 2PN - £665,000

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

2 GREAT MOLEWOOD is a very large extended detached house of 196m², built sometime between 1991 and 1995. It was last sold for £665,000 in November 2012, which was around 35% above the average November 2012 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

2 GREAT MOLEWOOD Sold Prices

Land registry data shows three sales for 2 GREAT MOLEWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 2 GREAT MOLEWOOD sales were for above 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 29 NOV	£665,000	£491,726	35% above HPI
2007 25 JAN	£675,000	£433,614	56% above HPI
2001 15 JUN	£455,000	£277,654	64% above HPI

2 GREAT MOLEWOOD 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 three 2 GREAT MOLEWOOD sales between June 2001 and November 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 January 2007 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the November 2012 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 2 GREAT MOLEWOOD?

2 GREAT MOLEWOOD is 196m², which includes three extensions, according to the EPC inspection conducted in April 2011. This puts it in the largest 20% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 2 GREAT MOLEWOOD lies on this distribution: 83% of detached houses are smaller than 2 GREAT MOLEWOOD, and 17% of houses are larger. Note that EPC data is not available for all properties in Hertford.

2 GREAT MOLEWOOD: Plot and Title Map

2 GREAT MOLEWOOD sits on a plot of roughly 0.235 of an acre, or 951m². The below map shows the location of 2 GREAT MOLEWOOD, 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 GREAT MOLEWOOD). 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 GREAT MOLEWOOD?

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