8, LODGE CLOSE, HERTFORD, SG14 3DH - £450,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 LODGE CLOSE is a midsized extended detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £768,231. It was last sold for £450,000 in September 2011, which was around 11% below the average September 2011 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

8 LODGE CLOSE Sold Prices

Land registry data shows three sales for 8 LODGE CLOSE 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. Two of the three 8 LODGE CLOSE sales were for below the average price, whilst one was 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
2011 16 SEP	£450,000	£508,386	11% below HPI
2002 11 DEC	£335,000	£372,245	10% below HPI
2000 28 JUN	£295,000	£267,660	10% above HPI

8 LODGE CLOSE 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 8 LODGE CLOSE sales between June 2000 and September 2011 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 December 2002 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2011 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 8 LODGE CLOSE be worth now?

8 LODGE CLOSE might now be worth an estimated £768,231.

This is based on house price inflation of 70.7%, between September 2011 and December 2024, for detached 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 70.7% inflationary increase is applied to the most recent sale price for 8 LODGE CLOSE of £450,000 on 16th September 2011. For the value to have increased from £450,000 to £768,231 over the twelve years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 LODGE CLOSE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The September 2011 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LODGE CLOSE has not materially changed since September 2011.

How Large is 8 LODGE CLOSE?

8 LODGE CLOSE is 130m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the smallest 50% of detached houses houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hertford, and where 8 LODGE CLOSE lies on this distribution: 46% of detached houses houses are smaller than 8 LODGE CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Hertford.

8 LODGE CLOSE: Plot and Title Map

8 LODGE CLOSE sits on a plot of roughly 0.109 of an acre, or 443m². The below map shows the location of 8 LODGE CLOSE, 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 8 LODGE CLOSE). 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 8 LODGE CLOSE?

8 LODGE CLOSE is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 8 on LODGE CLOSE.