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
3 MEADOW CLOSE is a midsized extended detached house of 139m², built sometime between 1983 and 1990. It was last sold for £695,000 in January 2022, which was around 10% below the average January 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 3 MEADOW CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the four 3 MEADOW 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 |
---|---|---|---|
2022 7 JAN | £695,000 | £770,004 | 10% below HPI |
2014 22 AUG | £500,000 | £548,024 | 9% below HPI |
2002 26 JUL | £309,950 | £330,922 | 6% below HPI |
1996 13 NOV | £145,000 | £148,404 | 2% below HPI |
The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The four 3 MEADOW CLOSE sales between November 1996 and January 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 August 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2022 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
3 MEADOW CLOSE is 139m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the smallest 50% of detached houses in Datchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Datchworth, and where 3 MEADOW CLOSE lies on this distribution: 45% of detached houses are smaller than 3 MEADOW CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Datchworth.
3 MEADOW CLOSE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 3 MEADOW 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 3 MEADOW 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.
3 MEADOW CLOSE is located in DATCHWORTH, in the SG3 postcode district. The below map shows the position of No. 3 on MEADOW CLOSE.