2, PARK ROAD, HERTFORD, SG13 7LF - £798,500

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 PARK ROAD is a large extended semi-detached house of 164m², built sometime between 1967 and 1975, which could now be worth an estimated £816,541. It was last sold for £798,500 in July 2022, which was around 62% above the average July 2022 semi-detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was B.

2 PARK ROAD Sold Prices

Land registry data shows two sales for 2 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 2 PARK ROAD 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
2022 21 JUL	£798,500	£492,131	62% above HPI
1997 31 OCT	£116,500	£102,555	14% above HPI

2 PARK ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 2 PARK ROAD sales from October 1997 and July 2022 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 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2022 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 2 PARK ROAD be worth now?

2 PARK ROAD might now be worth an estimated £816,541.

This is based on house price inflation of 2.3%, between July 2022 and February 2025, for semi-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 2.3% inflationary increase is applied to the most recent sale price for 2 PARK ROAD of £798,500 on 21st July 2022. For the value to have increased from £798,500 to £816,541 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 2 PARK ROAD has moved in line with the HPI for semi-detached houses in the East Hertfordshire local authority area.
• The July 2022 sale price of £798,500 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK ROAD has not materially changed since July 2022.

How Large is 2 PARK ROAD?

2 PARK ROAD is 164m², which includes two extensions, according to the EPC inspection conducted in January 2022. This puts it in the largest 30% of semi-detached houses houses in Hertford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hertford, and where 2 PARK ROAD lies on this distribution: 70% of semi-detached houses houses are smaller than 2 PARK ROAD, and 30% of houses are larger. Note that EPC data is not available for all properties in Hertford.

2 PARK ROAD: Plot and Title Map

2 PARK ROAD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 2 PARK 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 PARK 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 PARK ROAD?

2 PARK ROAD is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 2 on PARK ROAD.