22, WATERMILL LANE, HERTFORD, SG14 3LB - £740,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

22 WATERMILL LANE is a midsized detached house of 131m², built sometime between 1967 and 1975. It was last sold for £740,000 in May 2016, which was around 12% above the average May 2016 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

22 WATERMILL LANE Sold Prices

Land registry data shows two sales for 22 WATERMILL LANE 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 22 WATERMILL LANE 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 18 MAY	£740,000	£662,804	12% above HPI
2012 23 JUL	£520,000	£464,853	12% above HPI

22 WATERMILL LANE 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 22 WATERMILL LANE sales from July 2012 and May 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 July 2012 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2016 sale, which was also at 12% above the HPI.

How Large is 22 WATERMILL LANE?

22 WATERMILL LANE is 131m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 50% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 22 WATERMILL LANE lies on this distribution: 47% of detached houses are smaller than 22 WATERMILL LANE, and 53% of houses are larger. Note that EPC data is not available for all properties in Hertford.

22 WATERMILL LANE: Plot and Title Map

22 WATERMILL LANE sits on a plot of roughly 0.165 of an acre, or 666m². The below map shows the location of 22 WATERMILL LANE, 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 22 WATERMILL LANE). 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 22 WATERMILL LANE?

22 WATERMILL LANE is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 22 on WATERMILL LANE.