3, SHEREDES DRIVE, HODDESDON, EN11 8LH - £875,000

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.

3 SHEREDES DRIVE is a large detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £891,286. It was last sold for £875,000 in July 2022, which was about the average July 2022 detached price in the Broxbourne local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

3 SHEREDES DRIVE Sold Prices

Land registry data shows four sales for 3 SHEREDES DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. The four 3 SHEREDES DRIVE sales were a mix of roughly equal to the average price, above the average price, and 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 13 JUL	£875,000	£872,701	Close to HPI
2009 14 APR	£440,000	£433,071	2% above HPI
2005 18 JUL	£444,000	£419,034	6% above HPI
1995 10 MAR	£148,000	£155,144	5% below HPI

3 SHEREDES 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 four 3 SHEREDES DRIVE sales between March 1995 and July 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 April 2009 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 SHEREDES DRIVE be worth now?

3 SHEREDES DRIVE might now be worth an estimated £891,286.

This is based on house price inflation of 1.9%, between July 2022 and February 2025, 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 1.9% inflationary increase is applied to the most recent sale price for 3 SHEREDES DRIVE of £875,000 on 13th July 2022. For the value to have increased from £875,000 to £891,286 over the three years and five months to February 2025, the following assumptions must hold true:

• The value of 3 SHEREDES DRIVE has moved in line with the HPI for detached houses in the Broxbourne local authority area.
• The July 2022 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHEREDES DRIVE has not materially changed since July 2022.

How Large is 3 SHEREDES DRIVE?

3 SHEREDES DRIVE is 157m² according to the EPC inspection conducted in February 2009. This puts it in the largest 40% 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 3 SHEREDES DRIVE lies on this distribution: 62% of detached houses houses are smaller than 3 SHEREDES DRIVE, and 38% of houses are larger. Note that EPC data is not available for all properties in Hoddesdon.

3 SHEREDES DRIVE: Plot and Title Map

3 SHEREDES DRIVE sits on a plot of roughly 0.140 of an acre, or 565m². The below map shows the location of 3 SHEREDES 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 3 SHEREDES 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 3 SHEREDES DRIVE?

3 SHEREDES DRIVE is located in HODDESDON, in the EN11 postcode district. The below map shows the position of No. 3 on SHEREDES DRIVE.