3, STEARN WAY, BUNTINGFORD, SG9 9GH - £315,000

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

3 STEARN WAY is a very small detached house of 77m², which could now be worth an estimated £349,599. It was last sold for £315,000 in June 2020, which was around 59% below the average June 2020 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was B, and the potential energy rating was B.

3 STEARN WAY Sold Prices

Land registry data shows two sales for 3 STEARN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 3 STEARN WAY 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
2020 5 JUN	£315,000	£769,588	59% below HPI
2016 10 AUG	£299,000	£715,291	58% below HPI

3 STEARN WAY 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 two 3 STEARN WAY sales from August 2016 and June 2020 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 2016 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the June 2020 sale, where it falls to 59% below the HPI. The line then continues to track at 59% below the HPI.

What might 3 STEARN WAY be worth now?

3 STEARN WAY might now be worth an estimated £349,599.

This is based on house price inflation of 11%, between June 2020 and February 2025, for detached houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11% inflationary increase is applied to the most recent sale price for 3 STEARN WAY of £315,000 on 5th June 2020. For the value to have increased from £315,000 to £349,599 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 3 STEARN WAY has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The June 2020 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STEARN WAY has not materially changed since June 2020.

How Large is 3 STEARN WAY?

3 STEARN WAY is 77m² according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses houses in Buntingford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buntingford, and where 3 STEARN WAY lies on this distribution: 6% of detached houses houses are smaller than 3 STEARN WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Buntingford.

3 STEARN WAY: Plot and Title Map

3 STEARN WAY sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 3 STEARN WAY, 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 STEARN WAY). 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 STEARN WAY?

3 STEARN WAY is located in BUNTINGFORD, in the SG9 postcode district. The below map shows the position of No. 3 on STEARN WAY.