25, GRAYS CLOSE, ROYSTON, SG8 5AS - £325,500

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.

25 GRAYS CLOSE is a small detached house of 96m², built sometime between 1967 and 1975, which could now be worth an estimated £419,592. It was last sold for £325,500 in December 2015, which was around 46% below the average December 2015 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

25 GRAYS CLOSE Sold Prices

Land registry data shows three sales for 25 GRAYS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 25 GRAYS CLOSE 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
2015 22 DEC	£325,500	£602,111	46% below HPI
2005 23 MAR	£224,000	£367,472	39% below HPI
2003 13 OCT	£186,000	£338,263	45% below HPI

25 GRAYS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 25 GRAYS CLOSE sales between October 2003 and December 2015 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 March 2005 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the December 2015 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 25 GRAYS CLOSE be worth now?

25 GRAYS CLOSE might now be worth an estimated £419,592.

This is based on house price inflation of 28.9%, between December 2015 and February 2025, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 28.9% inflationary increase is applied to the most recent sale price for 25 GRAYS CLOSE of £325,500 on 22nd December 2015. For the value to have increased from £325,500 to £419,592 over the ten years and ten months to February 2025, the following assumptions must hold true:

• The value of 25 GRAYS CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The December 2015 sale price of £325,500 represented a fair market value for the property.
• The size, condition, and specification of 25 GRAYS CLOSE has not materially changed since December 2015.

How Large is 25 GRAYS CLOSE?

25 GRAYS CLOSE is 96m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 30% of detached houses houses in Royston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Royston, and where 25 GRAYS CLOSE lies on this distribution: 21% of detached houses houses are smaller than 25 GRAYS CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Royston.

25 GRAYS CLOSE: Plot and Title Map

25 GRAYS CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 25 GRAYS CLOSE, 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 25 GRAYS CLOSE). 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 25 GRAYS CLOSE?

25 GRAYS CLOSE is located in ROYSTON, in the SG8 postcode district. The below map shows the position of No. 25 on GRAYS CLOSE.