2A, DRUMMOND RIDE, TRING, HP23 5DE - £460,000

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.

2A DRUMMOND RIDE is a very small detached house of 98m², built sometime from 2007 onwards, which could now be worth an estimated £571,672. It was last sold for £460,000 in March 2016, which was around 38% below the average March 2016 detached price in the Dacorum local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

2A DRUMMOND RIDE Sold Prices

Land registry data shows two sales for 2A DRUMMOND RIDE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 2A DRUMMOND RIDE 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
2016 23 MAR	£460,000	£741,093	38% below HPI
2009 30 OCT	£320,000	£450,082	29% below HPI

2A DRUMMOND RIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The two 2A DRUMMOND RIDE sales from October 2009 and March 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 October 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the March 2016 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 2A DRUMMOND RIDE be worth now?

2A DRUMMOND RIDE might now be worth an estimated £571,672.

This is based on house price inflation of 24.3%, between March 2016 and February 2025, for detached houses, in the Dacorum local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.3% inflationary increase is applied to the most recent sale price for 2A DRUMMOND RIDE of £460,000 on 23rd March 2016. For the value to have increased from £460,000 to £571,672 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 2A DRUMMOND RIDE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The March 2016 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 2A DRUMMOND RIDE has not materially changed since March 2016.

How Large is 2A DRUMMOND RIDE?

2A DRUMMOND RIDE is 98m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses houses in Tring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tring, and where 2A DRUMMOND RIDE lies on this distribution: 17% of detached houses houses are smaller than 2A DRUMMOND RIDE, and 82% of houses are larger. Note that EPC data is not available for all properties in Tring.

2A DRUMMOND RIDE: Plot and Title Map

2A DRUMMOND RIDE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 2A DRUMMOND RIDE, 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 2A DRUMMOND RIDE). 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 2A DRUMMOND RIDE?

2A DRUMMOND RIDE is located in TRING, in the HP23 postcode district. The below map shows the position of No. 2A on DRUMMOND RIDE.