40, KINGSWAY, WARE, SG12 0QQ - £495,000

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

40 KINGSWAY is a very small extended detached house of 93m², built sometime between 2003 and 2006. It was last sold for £495,000 in June 2021, which was around 31% below the average June 2021 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

40 KINGSWAY Sold Prices

Land registry data shows three sales for 40 KINGSWAY 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 40 KINGSWAY 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
2021 25 JUN	£495,000	£719,209	31% below HPI
2005 24 NOV	£299,995	£402,151	25% below HPI
2004 16 APR	£280,000	£386,070	27% below HPI

40 KINGSWAY 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 40 KINGSWAY sales between April 2004 and June 2021 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 November 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 40 KINGSWAY?

40 KINGSWAY is 93m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the smallest 20% of detached houses in Ware, based on EPC data. The below chart shows the distribution of detached houses by size in Ware, and where 40 KINGSWAY lies on this distribution: 17% of detached houses are smaller than 40 KINGSWAY, and 82% of houses are larger. Note that EPC data is not available for all properties in Ware.

40 KINGSWAY: Plot and Title Map

40 KINGSWAY sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 40 KINGSWAY, 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 40 KINGSWAY). 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 40 KINGSWAY?

40 KINGSWAY is located in WARE, in the SG12 postcode district. The below map shows the position of No. 40 on KINGSWAY.