FOURWAYS, MILL END, STANDON, WARE, SG11 1LP - £330,000

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.

FOURWAYS is a large extended detached house of 150m², built sometime between 1950 and 1966, which could now be worth an estimated £481,058. It was last sold for £330,000 in August 2014, which was around 44% below the average August 2014 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was F, and the potential energy rating was D.

FOURWAYS Sold Prices

Land registry data shows two sales for FOURWAYS 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 FOURWAYS 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
2014 26 AUG	£330,000	£585,914	44% below HPI
1998 16 JAN	£135,000	£190,240	29% below HPI

FOURWAYS 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 FOURWAYS sales from January 1998 and August 2014 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 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the August 2014 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might FOURWAYS be worth now?

FOURWAYS might now be worth an estimated £481,058.

This is based on house price inflation of 45.8%, between August 2014 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 45.8% inflationary increase is applied to the most recent sale price for FOURWAYS of £330,000 on 26th August 2014. For the value to have increased from £330,000 to £481,058 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of FOURWAYS has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The August 2014 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of FOURWAYS has not materially changed since August 2014.

How Large is FOURWAYS?

FOURWAYS is 150m², which includes four extensions, according to the EPC inspection conducted in August 2015. This puts it in the largest 30% of detached houses houses in Standon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Standon, and where FOURWAYS lies on this distribution: 63% of detached houses houses are smaller than FOURWAYS, and 30% of houses are larger. Note that EPC data is not available for all properties in Standon.

FOURWAYS: Plot and Title Map

FOURWAYS sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of FOURWAYS, 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 FOURWAYS). 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 FOURWAYS?

FOURWAYS is located on MILL END in STANDON, in the SG11 postcode district. The below map shows the position of FOURWAYS on MILL END.