38, MARTINS DRIVE, HERTFORD, SG13 7TA - £387,000

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

38 MARTINS DRIVE is a midsized extended detached house of 125m², built sometime between 1991 and 1995. It was last sold for £387,000 in September 2012, which was around 19% below the average September 2012 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

38 MARTINS DRIVE Sold Prices

Land registry data shows three sales for 38 MARTINS DRIVE since 1^st 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. All of the three 38 MARTINS DRIVE 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
2012 28 SEP	£387,000	£477,565	19% below HPI
2001 7 SEP	£230,000	£291,371	21% below HPI
1995 22 DEC	£133,950	£136,496	2% below HPI

38 MARTINS DRIVE 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 three 38 MARTINS DRIVE sales between December 1995 and September 2012 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 2001 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2012 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 38 MARTINS DRIVE?

38 MARTINS DRIVE is 125m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the smallest 50% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 38 MARTINS DRIVE lies on this distribution: 41% of detached houses are smaller than 38 MARTINS DRIVE, and 59% of houses are larger. Note that EPC data is not available for all properties in Hertford.

38 MARTINS DRIVE: Plot and Title Map

38 MARTINS DRIVE sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of 38 MARTINS 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 38 MARTINS 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 38 MARTINS DRIVE?

38 MARTINS DRIVE is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 38 on MARTINS DRIVE.