8, PENFOLD CLOSE, BALDOCK, SG7 6UT - £730,000

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 PENFOLD CLOSE is a very large detached house of 164m², built sometime between 1991 and 1995, which could now be worth an estimated £832,556. It was last sold for £730,000 in May 2018, which was around 5% above the average May 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

8 PENFOLD CLOSE Sold Prices

Land registry data shows five sales for 8 PENFOLD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the five 8 PENFOLD CLOSE 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 9 MAY	£730,000	£694,540	5% above HPI
2006 24 JAN	£460,000	£373,858	23% above HPI
2002 5 APR	£360,000	£264,053	36% above HPI
1999 27 AUG	£250,000	£188,663	33% above HPI
1997 25 APR	£180,000	£134,062	34% above HPI

8 PENFOLD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The five 8 PENFOLD CLOSE sales between April 1997 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 January 2006 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the May 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 8 PENFOLD CLOSE be worth now?

8 PENFOLD CLOSE might now be worth an estimated £832,556.

This is based on house price inflation of 14%, between May 2018 and December 2024, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for 8 PENFOLD CLOSE of £730,000 on 9th May 2018. For the value to have increased from £730,000 to £832,556 over the five years and five months to December 2024, the following assumptions must hold true:

• The value of 8 PENFOLD CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The May 2018 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PENFOLD CLOSE has not materially changed since May 2018.

How Large is 8 PENFOLD CLOSE?

8 PENFOLD CLOSE is 164m² according to the EPC inspection conducted in November 2017. This puts it in the largest 20% of detached houses houses in Baldock, based on EPC data. The below chart shows the distribution of detached houses houses by size in Baldock, and where 8 PENFOLD CLOSE lies on this distribution: 88% of detached houses houses are smaller than 8 PENFOLD CLOSE, and 12% of houses are larger. Note that EPC data is not available for all properties in Baldock.

8 PENFOLD CLOSE: Plot and Title Map

8 PENFOLD CLOSE sits on a plot of roughly 0.155 of an acre, or 627m². The below map shows the location of 8 PENFOLD 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 PENFOLD 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 PENFOLD CLOSE?

8 PENFOLD CLOSE is located in BALDOCK, in the SG7 postcode district. The below map shows the position of No. 8 on PENFOLD CLOSE.