40, SAFFRON MEADOW, STANDON, WARE, SG11 1RE - £525,000

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.

40 SAFFRON MEADOW is a very small detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £585,104. It was last sold for £525,000 in November 2018, which was around 31% below the average November 2018 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

40 SAFFRON MEADOW Sold Prices

Land registry data shows four sales for 40 SAFFRON MEADOW since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the four 40 SAFFRON MEADOW 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
2018 30 NOV	£525,000	£766,379	31% below HPI
2006 23 OCT	£327,500	£459,591	29% below HPI
2001 19 OCT	£210,000	£316,417	34% below HPI
1997 14 JUL	£129,950	£172,969	25% below HPI

40 SAFFRON MEADOW 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 four 40 SAFFRON MEADOW sales between July 1997 and November 2018 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 October 2006 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 40 SAFFRON MEADOW be worth now?

40 SAFFRON MEADOW might now be worth an estimated £585,104.

This is based on house price inflation of 11.4%, between November 2018 and February 2025, for 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 11.4% inflationary increase is applied to the most recent sale price for 40 SAFFRON MEADOW of £525,000 on 30th November 2018. For the value to have increased from £525,000 to £585,104 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 40 SAFFRON MEADOW has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The November 2018 sale price of £525,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SAFFRON MEADOW has not materially changed since November 2018.

How Large is 40 SAFFRON MEADOW?

40 SAFFRON MEADOW is 90m² according to the EPC inspection conducted in August 2018. This puts it in the smallest 20% of detached houses houses in Puckeridge, based on EPC data. The below chart shows the distribution of detached houses houses by size in Puckeridge, and where 40 SAFFRON MEADOW lies on this distribution: 13% of detached houses houses are smaller than 40 SAFFRON MEADOW, and 87% of houses are larger. Note that EPC data is not available for all properties in Puckeridge.

40 SAFFRON MEADOW: Plot and Title Map

40 SAFFRON MEADOW sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 40 SAFFRON MEADOW, 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 SAFFRON MEADOW). 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 SAFFRON MEADOW?

40 SAFFRON MEADOW is located in STANDON, in the SG11 postcode district. The below map shows the position of No. 40 on SAFFRON MEADOW.