Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
8 THE FINCHES is a midsized detached house of 133m², built sometime between 1991 and 1995. It was last sold for £700,000 in May 2018, which was around 2% below the average May 2018 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 THE FINCHES since 1st 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 THE FINCHES sales was for below the average price, whilst two 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 11 MAY | £700,000 | £712,120 | 2% below HPI |
2002 16 AUG | £344,995 | £335,773 | 3% above HPI |
1996 23 MAY | £169,950 | £140,872 | 21% above HPI |
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 THE FINCHES sales between May 1996 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 August 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.
8 THE FINCHES is 133m² according to the EPC inspection conducted in June 2017. This puts it in the largest 50% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 8 THE FINCHES lies on this distribution: 48% of detached houses are smaller than 8 THE FINCHES, and 50% of houses are larger. Note that EPC data is not available for all properties in Hertford.
8 THE FINCHES sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 8 THE FINCHES, 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 THE FINCHES). 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.
8 THE FINCHES is located in HERTFORD, in the SG13 postcode district. The below map shows the position of No. 8 on THE FINCHES.