8, OWLES LANE, BUNTINGFORD, SG9 9JA - £830,000

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 OWLES LANE is a large extended detached house of 135m², built sometime between 1930 and 1949, which could now be worth an estimated £888,485. It was last sold for £830,000 in May 2024, which was around 2% above the average May 2024 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

8 OWLES LANE Sold Prices

Land registry data shows three sales for 8 OWLES LANE 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. One of the three 8 OWLES LANE sales was for above the average price, whilst two 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
2024 3 MAY	£830,000	£810,776	2% above HPI
2014 5 DEC	£482,500	£600,194	20% below HPI
2002 24 OCT	£310,000	£360,850	14% below HPI

8 OWLES LANE 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 OWLES LANE sales between October 2002 and May 2024 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 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2024 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 8 OWLES LANE be worth now?

8 OWLES LANE might now be worth an estimated £888,485.

This is based on house price inflation of 7%, between May 2024 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 7% inflationary increase is applied to the most recent sale price for 8 OWLES LANE of £830,000 on 3rd May 2024. For the value to have increased from £830,000 to £888,485 over the five months to December 2024, the following assumptions must hold true:

• The value of 8 OWLES LANE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The May 2024 sale price of £830,000 represented a fair market value for the property.
• The size, condition, and specification of 8 OWLES LANE has not materially changed since May 2024.

How Large is 8 OWLES LANE?

8 OWLES LANE is 135m², which includes one extension, according to the EPC inspection conducted in January 2014. This puts it in the largest 40% of detached houses houses in Buntingford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Buntingford, and where 8 OWLES LANE lies on this distribution: 63% of detached houses houses are smaller than 8 OWLES LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Buntingford.

8 OWLES LANE: Plot and Title Map

8 OWLES LANE sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 8 OWLES LANE, 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 OWLES LANE). 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 OWLES LANE?

8 OWLES LANE is located in BUNTINGFORD, in the SG9 postcode district. The below map shows the position of No. 8 on OWLES LANE.