29, RIB VALE, HERTFORD, SG14 3LE - £431,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

29 RIB VALE is a midsized extended detached house of 128m², built sometime between 1967 and 1975. It was last sold for £431,000 in August 2008, which was around 8% below the average August 2008 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

29 RIB VALE Sold Prices

Land registry data shows three sales for 29 RIB VALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Two of the three 29 RIB VALE sales were for below the average price, whilst one was 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
2008 22 AUG	£431,000	£467,889	8% below HPI
2003 8 JAN	£320,000	£360,098	11% below HPI
2000 13 JAN	£250,000	£232,644	7% above HPI

29 RIB VALE 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 three 29 RIB VALE sales between January 2000 and August 2008 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 January 2003 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2008 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 29 RIB VALE?

29 RIB VALE is 128m², which includes one extension, according to the EPC inspection conducted in April 2024. 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 29 RIB VALE lies on this distribution: 43% of detached houses are smaller than 29 RIB VALE, and 56% of houses are larger. Note that EPC data is not available for all properties in Hertford.

29 RIB VALE: Plot and Title Map

29 RIB VALE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 29 RIB VALE, 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 29 RIB VALE). 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 29 RIB VALE?

29 RIB VALE is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 29 on RIB VALE.