CANONS HOUSE, WADESMILL ROAD, WARE, SG12 0RB - £700,000

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.

CANONS HOUSE is a very large extended detached house of 225m², built sometime between 1967 and 1975, which could now be worth an estimated £782,401. It was last sold for £700,000 in March 2020, which was around 8% below the average March 2020 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

CANONS HOUSE Sold Prices

Land registry data shows three sales for CANONS HOUSE 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 CANONS HOUSE 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
2020 12 MAR	£700,000	£764,163	8% below HPI
2009 25 AUG	£640,000	£450,349	42% above HPI
1998 10 DEC	£280,000	£206,292	36% above HPI

CANONS HOUSE 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 CANONS HOUSE sales between December 1998 and March 2020 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 2009 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the March 2020 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might CANONS HOUSE be worth now?

CANONS HOUSE might now be worth an estimated £782,401.

This is based on house price inflation of 11.8%, between March 2020 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 11.8% inflationary increase is applied to the most recent sale price for CANONS HOUSE of £700,000 on 12th March 2020. For the value to have increased from £700,000 to £782,401 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of CANONS HOUSE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The March 2020 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of CANONS HOUSE has not materially changed since March 2020.

How Large is CANONS HOUSE?

CANONS HOUSE is 225m², which includes three extensions, according to the EPC inspection conducted in July 2018. This puts it in the largest 10% 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 CANONS HOUSE lies on this distribution: 96% of detached houses houses are smaller than CANONS HOUSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Ware.

CANONS HOUSE: Plot and Title Map

CANONS HOUSE sits on a plot of roughly 0.324 of an acre, or 1,311m². The below map shows the location of CANONS HOUSE, 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 CANONS HOUSE). 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 CANONS HOUSE?

CANONS HOUSE is located on WADESMILL ROAD in WARE, in the SG12 postcode district. The below map shows the position of CANONS HOUSE on WADESMILL ROAD.