7, RIB WAY, BUNTINGFORD, SG9 9NR - £490,000

7 RIB WAY is a large detached house of 165m², built sometime between 1991 and 1995. It was last sold for £490,000 in November 2004, which was around 21% above the average November 2004 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

7 RIB WAY Sold Prices

Land registry data shows three sales for 7 RIB WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 7 RIB WAY 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
2004 17 NOV	£490,000	£404,061	21% above HPI
2002 16 AUG	£400,000	£335,773	19% above HPI
2001 20 SEP	£365,000	£291,371	25% above HPI

7 RIB WAY 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 three 7 RIB WAY sales between September 2001 and November 2004 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 August 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the November 2004 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 7 RIB WAY?

7 RIB WAY is 165m² according to the EPC inspection conducted in September 2012. This puts it in the largest 30% of detached houses in Buntingford, based on EPC data. The below chart shows the distribution of detached houses by size in Buntingford, and where 7 RIB WAY lies on this distribution: 80% of detached houses are smaller than 7 RIB WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Buntingford.

7 RIB WAY: Plot and Title Map

7 RIB WAY sits on a plot of roughly 0.239 of an acre, or 966m². The below map shows the location of 7 RIB WAY, 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 RIB WAY). 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 RIB WAY?

7 RIB WAY is located in BUNTINGFORD, in the SG9 postcode district. The below map shows the position of No. 7 on RIB WAY.