8, SPRING VIEW ROAD, WARE, SG12 9LB - £540,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 SPRING VIEW ROAD is a very large extended detached house of 176m², built sometime between 1950 and 1966, which could now be worth an estimated £1,063,623. It was last sold for £540,000 in May 2009, which was around 25% above the average May 2009 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was C.

8 SPRING VIEW ROAD Sold Prices

Land registry data shows two sales for 8 SPRING VIEW ROAD 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 8 SPRING VIEW ROAD 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
2009 1 MAY	£540,000	£433,634	25% above HPI
2003 20 FEB	£405,000	£384,520	5% above HPI

8 SPRING VIEW ROAD 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 8 SPRING VIEW ROAD sales from February 2003 and May 2009 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 February 2003 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2009 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8 SPRING VIEW ROAD be worth now?

8 SPRING VIEW ROAD might now be worth an estimated £1,063,623.

This is based on house price inflation of 97%, between May 2009 and February 2025, 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 97% inflationary increase is applied to the most recent sale price for 8 SPRING VIEW ROAD of £540,000 on 1st May 2009. For the value to have increased from £540,000 to £1,063,623 over the sixteen years and three months to February 2025, the following assumptions must hold true:

• The value of 8 SPRING VIEW ROAD has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The May 2009 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SPRING VIEW ROAD has not materially changed since May 2009.

How Large is 8 SPRING VIEW ROAD?

8 SPRING VIEW ROAD is 176m², which includes four extensions, according to the EPC inspection conducted in July 2015. This puts it in the largest 20% of detached houses houses in Ware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ware, and where 8 SPRING VIEW ROAD lies on this distribution: 84% of detached houses houses are smaller than 8 SPRING VIEW ROAD, and 15% of houses are larger. Note that EPC data is not available for all properties in Ware.

8 SPRING VIEW ROAD: Plot and Title Map

8 SPRING VIEW ROAD sits on a plot of roughly 0.404 of an acre, or 1,634m². The below map shows the location of 8 SPRING VIEW ROAD, 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 SPRING VIEW ROAD). 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 SPRING VIEW ROAD?

8 SPRING VIEW ROAD is located in WARE, in the SG12 postcode district. The below map shows the position of No. 8 on SPRING VIEW ROAD.