28, WATERMILL LANE, HERTFORD, SG14 3LB - £640,000

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

28 WATERMILL LANE is a large extended detached house of 159m², built sometime between 1967 and 1975. It was last sold for £640,000 in July 2015, which was around 7% above the average July 2015 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

28 WATERMILL LANE Sold Prices

Land registry data shows two sales for 28 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 28 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
2015 27 JUL	£640,000	£595,363	7% above HPI
1996 25 APR	£160,000	£141,090	13% above HPI

28 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 28 WATERMILL LANE sales from April 1996 and July 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 April 1996 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2015 sale, where it falls to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 28 WATERMILL LANE?

28 WATERMILL LANE is 159m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 28 WATERMILL LANE lies on this distribution: 68% of detached houses are smaller than 28 WATERMILL LANE, and 32% of houses are larger. Note that EPC data is not available for all properties in Hertford.

28 WATERMILL LANE: Plot and Title Map

28 WATERMILL LANE sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 28 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 28 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 28 WATERMILL LANE?

28 WATERMILL LANE is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 28 on WATERMILL LANE.