54, RIB VALE, HERTFORD, SG14 3LF - £640,000

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

54 RIB VALE is a small extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £640,000 in November 2015, which was around 1% above the average November 2015 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

54 RIB VALE Sold Prices

Land registry data shows two sales for 54 RIB VALE since 1^st 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 54 RIB VALE sales were for above 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
2015 6 NOV	£640,000	£631,555	1% above HPI
2013 25 OCT	£500,000	£487,220	3% above HPI

54 RIB VALE 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 two 54 RIB VALE sales from October 2013 and November 2015 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 2013 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the November 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 54 RIB VALE?

54 RIB VALE is 124m², which includes three extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 40% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 54 RIB VALE lies on this distribution: 40% of detached houses are smaller than 54 RIB VALE, and 59% of houses are larger. Note that EPC data is not available for all properties in Hertford.

54 RIB VALE: Plot and Title Map

54 RIB VALE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 54 RIB VALE, 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 54 RIB VALE). 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 54 RIB VALE?

54 RIB VALE is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 54 on RIB VALE.