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 THE FINCHES is a small detached house of 118m², built sometime between 1991 and 1995. It was last sold for £620,000 in March 2016, which was around 3% below the average March 2016 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 3 THE FINCHES since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. One of the three 3 THE FINCHES sales was for below the average price, whilst two were for above 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 31 MAR | £620,000 | £640,660 | 3% below HPI |
1998 22 JAN | £189,950 | £177,938 | 7% above HPI |
1995 8 DEC | £160,000 | £136,496 | 17% above HPI |
The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three 3 THE FINCHES sales between December 1995 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 January 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2016 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.
3 THE FINCHES is 118m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 40% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 3 THE FINCHES lies on this distribution: 33% of detached houses are smaller than 3 THE FINCHES, and 66% of houses are larger. Note that EPC data is not available for all properties in Hertford.
3 THE FINCHES sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 3 THE FINCHES, 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 THE FINCHES). 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 THE FINCHES is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 3 on THE FINCHES.