8, THE MALTINGS, WALKERN, STEVENAGE, SG2 7NB - £525,000

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 MALTINGS is a very small extended detached house of 101m², built sometime between 1983 and 1990. It was last sold for £525,000 in June 2023, which was around 31% below the average June 2023 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

8 THE MALTINGS Sold Prices

Land registry data shows four sales for 8 THE MALTINGS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the four 8 THE MALTINGS sales 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
2023 22 JUN	£525,000	£764,711	31% below HPI
2019 28 MAY	£444,500	£719,363	38% below HPI
2016 25 OCT	£429,995	£690,415	38% below HPI
2015 30 JAN	£355,000	£564,882	37% below HPI

8 THE MALTINGS 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 four 8 THE MALTINGS sales between January 2015 and June 2023 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 May 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2023 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 THE MALTINGS?

8 THE MALTINGS is 101m², which includes two extensions, according to the EPC inspection conducted in February 2023. This puts it in the smallest 20% of detached houses in Walkern, based on EPC data. The below chart shows the distribution of detached houses by size in Walkern, and where 8 THE MALTINGS lies on this distribution: 16% of detached houses are smaller than 8 THE MALTINGS, and 84% of houses are larger. Note that EPC data is not available for all properties in Walkern.

8 THE MALTINGS: Plot and Title Map

8 THE MALTINGS sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 8 THE MALTINGS, 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 MALTINGS). 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 THE MALTINGS?

8 THE MALTINGS is located in WALKERN, in the SG2 postcode district. The below map shows the position of No. 8 on THE MALTINGS.