7, CHADWELL RISE, WARE, SG12 9LA - £650,000

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

7 CHADWELL RISE is a midsized detached house of 119m², built sometime between 1900 and 1929. It was last sold for £650,000 in May 2018, which was around 9% below the average May 2018 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

7 CHADWELL RISE Sold Prices

Land registry data shows two sales for 7 CHADWELL RISE 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 7 CHADWELL RISE 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 25 MAY	£650,000	£712,120	9% below HPI
2016 14 OCT	£635,000	£690,415	8% below HPI

7 CHADWELL RISE 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 7 CHADWELL RISE sales from October 2016 and May 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 2016 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 7 CHADWELL RISE?

7 CHADWELL RISE is 119m² according to the EPC inspection conducted in February 2013. 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 7 CHADWELL RISE lies on this distribution: 44% of detached houses are smaller than 7 CHADWELL RISE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ware.

7 CHADWELL RISE: Plot and Title Map

7 CHADWELL RISE sits on a plot of roughly 0.267 of an acre, or 1,081m². The below map shows the location of 7 CHADWELL RISE, 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 7 CHADWELL RISE). 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 7 CHADWELL RISE?

7 CHADWELL RISE is located in WARE, in the SG12 postcode district. The below map shows the position of No. 7 on CHADWELL RISE.