29A, THE DRIVE, HODDESDON, EN11 9JB - £430,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

29A THE DRIVE is a very small extended detached house of 77m², built sometime between 2003 and 2006, which could now be worth an estimated £429,839. It was last sold for £430,000 in October 2022, which was around 51% below the average October 2022 detached price in the Broxbourne local authority area. The most recent EPC inspection was September 2018, where the current energy rating was C, and the potential energy rating was B.

29A THE DRIVE Sold Prices

Land registry data shows three sales for 29A THE DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. All of the three 29A THE DRIVE 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
2022 21 OCT	£430,000	£882,653	51% below HPI
2019 25 MAR	£350,000	£778,713	55% below HPI
2014 16 JUN	£209,000	£543,591	62% below HPI

29A THE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The three 29A THE DRIVE sales between June 2014 and October 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 March 2019 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the October 2022 sale, where it rises to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 29A THE DRIVE be worth now?

29A THE DRIVE might now be worth an estimated £429,839.

This is based on house price deflation of 0%, between October 2022 and December 2024, for detached houses, in the Broxbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0% deflationary decrease is applied to the most recent sale price for 29A THE DRIVE of £430,000 on 21st October 2022. For the value to have decreased from £430,000 to £429,839 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 29A THE DRIVE has moved in line with the HPI for detached houses in the Broxbourne local authority area.
• The October 2022 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 29A THE DRIVE has not materially changed since October 2022.

How Large is 29A THE DRIVE?

29A THE DRIVE is 77m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the smallest 10% of detached houses houses in Hoddesdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoddesdon, and where 29A THE DRIVE lies on this distribution: 5% of detached houses houses are smaller than 29A THE DRIVE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hoddesdon.

29A THE DRIVE: Plot and Title Map

29A THE DRIVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 29A THE DRIVE, 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 29A THE DRIVE). 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 29A THE DRIVE?

29A THE DRIVE is located in HODDESDON, in the EN11 postcode district. The below map shows the position of No. 29A on THE DRIVE.