31, CRANBORNE CLOSE, HERTFORD, SG13 8HU - £325,000

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.

31 CRANBORNE CLOSE is a very small semi-detached house of 78m², built sometime between 1950 and 1966, which could now be worth an estimated £420,931. It was last sold for £325,000 in February 2016, which was around 16% below the average February 2016 semi-detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was C, and the potential energy rating was B.

31 CRANBORNE CLOSE Sold Prices

Land registry data shows three sales for 31 CRANBORNE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 31 CRANBORNE 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
2016 17 FEB	£325,000	£388,558	16% below HPI
2000 4 SEP	£106,000	£150,713	30% below HPI
1999 20 DEC	£87,000	£133,845	35% below HPI

31 CRANBORNE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three 31 CRANBORNE CLOSE sales between December 1999 and February 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 September 2000 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the February 2016 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 31 CRANBORNE CLOSE be worth now?

31 CRANBORNE CLOSE might now be worth an estimated £420,931.

This is based on house price inflation of 29.5%, between February 2016 and February 2025, for semi-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 29.5% inflationary increase is applied to the most recent sale price for 31 CRANBORNE CLOSE of £325,000 on 17th February 2016. For the value to have increased from £325,000 to £420,931 over the nine years to February 2025, the following assumptions must hold true:

• The value of 31 CRANBORNE CLOSE has moved in line with the HPI for semi-detached houses in the East Hertfordshire local authority area.
• The February 2016 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 31 CRANBORNE CLOSE has not materially changed since February 2016.

How Large is 31 CRANBORNE CLOSE?

31 CRANBORNE CLOSE is 78m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 10% of semi-detached houses houses in Hertford, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hertford, and where 31 CRANBORNE CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 31 CRANBORNE CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hertford.

31 CRANBORNE CLOSE: Plot and Title Map

31 CRANBORNE CLOSE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 31 CRANBORNE 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 31 CRANBORNE 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.

Where is 31 CRANBORNE CLOSE?

31 CRANBORNE CLOSE is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 31 on CRANBORNE CLOSE.