38, MILLMEAD WAY, HERTFORD, SG14 3YH - £327,500

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

38 MILLMEAD WAY is a very small detached house of 85m², built sometime between 1996 and 2002. It was last sold for £327,500 in March 2010, which was around 27% below the average March 2010 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

38 MILLMEAD WAY Sold Prices

Land registry data shows three sales for 38 MILLMEAD WAY 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 MILLMEAD 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
2010 26 MAR	£327,500	£449,494	27% below HPI
2003 1 MAY	£292,000	£372,737	22% below HPI
2000 26 MAY	£209,995	£244,774	14% below HPI

38 MILLMEAD 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 three 38 MILLMEAD WAY sales between May 2000 and March 2010 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 May 2003 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2010 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 38 MILLMEAD WAY?

38 MILLMEAD WAY is 85m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 10% 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 MILLMEAD WAY lies on this distribution: 7% of detached houses are smaller than 38 MILLMEAD WAY, and 93% of houses are larger. Note that EPC data is not available for all properties in Hertford.

38 MILLMEAD WAY: Plot and Title Map

38 MILLMEAD WAY sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 38 MILLMEAD 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 38 MILLMEAD 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 38 MILLMEAD WAY?

38 MILLMEAD WAY is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 38 on MILLMEAD WAY.