Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 OAK GROVE is a large extended detached house of 169m², built sometime between 1976 and 1982. It was last sold for £750,000 in March 2016, which was around 17% above the average March 2016 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 2 OAK GROVE since 1st 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 OAK GROVE 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 |
---|---|---|---|
2016 31 MAR | £750,000 | £640,660 | 17% above HPI |
2007 26 FEB | £540,000 | £436,368 | 24% above HPI |
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 OAK GROVE sales from February 2007 and March 2016 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 2007 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the March 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.
2 OAK GROVE is 169m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the largest 30% 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 OAK GROVE lies on this distribution: 72% of detached houses are smaller than 2 OAK GROVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Hertford.
2 OAK GROVE sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 2 OAK GROVE, 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 OAK GROVE). 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.
2 OAK GROVE is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 2 on OAK GROVE.