Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
48 LADY MARGARET GARDENS is a midsized extended detached house of 122m², built sometime between 2007 and 2011. It was last sold for £575,000 in January 2023, which was around 28% below the average January 2023 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 48 LADY MARGARET GARDENS since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 48 LADY MARGARET GARDENS 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 |
---|---|---|---|
2023 30 JAN | £575,000 | £793,610 | 28% below HPI |
2007 15 JUL | £384,995 | £453,701 | 15% below HPI |
The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 48 LADY MARGARET GARDENS sales from July 2007 and January 2023 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 July 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the January 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
48 LADY MARGARET GARDENS is 122m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 50% of detached houses in Ware, based on EPC data. The below chart shows the distribution of detached houses by size in Ware, and where 48 LADY MARGARET GARDENS lies on this distribution: 47% of detached houses are smaller than 48 LADY MARGARET GARDENS, and 52% of houses are larger. Note that EPC data is not available for all properties in Ware.
48 LADY MARGARET GARDENS sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 48 LADY MARGARET GARDENS, 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 48 LADY MARGARET GARDENS). 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.
48 LADY MARGARET GARDENS is located in WARE, in the SG12 postcode district. The below map shows the position of No. 48 on LADY MARGARET GARDENS.