2, GROVE WALK, HERTFORD, SG14 3HH - £300,000

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 GROVE WALK is a very small detached house of 59m², which could now be worth an estimated £331,911. It was last sold for £300,000 in March 2021, which was around 61% below the average March 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was A.

2 GROVE WALK Sold Prices

Land registry data shows two sales for 2 GROVE WALK 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 GROVE WALK 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
2021 11 MAR	£300,000	£772,000	61% below HPI
2019 10 DEC	£200,000	£759,753	74% below HPI

2 GROVE WALK 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 GROVE WALK sales from December 2019 and March 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 December 2019 sale was for 74% below the HPI. So the extrapolation line tracks at 74% below the HPI over time, until the March 2021 sale, where it rises to 61% below the HPI. The line then continues to track at 61% below the HPI.

What might 2 GROVE WALK be worth now?

2 GROVE WALK might now be worth an estimated £331,911.

This is based on house price inflation of 10.6%, between March 2021 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 10.6% inflationary increase is applied to the most recent sale price for 2 GROVE WALK of £300,000 on 11th March 2021. For the value to have increased from £300,000 to £331,911 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 2 GROVE WALK has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The March 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 2 GROVE WALK has not materially changed since March 2021.

How Large is 2 GROVE WALK?

2 GROVE WALK is 59m² according to the EPC inspection conducted in September 2020. 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 GROVE WALK lies on this distribution: 1% of detached houses houses are smaller than 2 GROVE WALK, and 99% of houses are larger. Note that EPC data is not available for all properties in Hertford.

2 GROVE WALK: Plot and Title Map

2 GROVE WALK sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 2 GROVE WALK, 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 GROVE WALK). 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 GROVE WALK?

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