62, PORT VALE, HERTFORD, SG14 3AF - £422,000

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.

62 PORT VALE is a very small extended terraced house of 61m², built sometime between 1900 and 1929, which could now be worth an estimated £473,964. It was last sold for £422,000 in July 2018, which was around 19% above the average July 2018 terraced price in the East Hertfordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was E, and the potential energy rating was C.

62 PORT VALE Sold Prices

Land registry data shows three sales for 62 PORT VALE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 62 PORT 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
2018 17 JUL	£422,000	£355,900	19% above HPI
2007 2 FEB	£248,000	£224,496	10% above HPI
2001 24 JUL	£160,000	£130,976	22% above HPI

62 PORT VALE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Hertfordshire local authority area over time, sourced from the HPI. The three 62 PORT VALE sales between July 2001 and July 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 February 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2018 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 62 PORT VALE be worth now?

62 PORT VALE might now be worth an estimated £473,964.

This is based on house price inflation of 12.3%, between July 2018 and July 2025, for terraced 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 12.3% inflationary increase is applied to the most recent sale price for 62 PORT VALE of £422,000 on 17th July 2018. For the value to have increased from £422,000 to £473,964 over the seven years to July 2025, the following assumptions must hold true:

• The value of 62 PORT VALE has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The July 2018 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 62 PORT VALE has not materially changed since July 2018.

How Large is 62 PORT VALE?

62 PORT VALE is 61m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of terraced houses houses in Hertford, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hertford, and where 62 PORT VALE lies on this distribution: 1% of terraced houses houses are smaller than 62 PORT VALE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hertford.

62 PORT VALE: Plot and Title Map

62 PORT VALE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 62 PORT 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 62 PORT 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 62 PORT VALE?

62 PORT VALE is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 62 on PORT VALE.