IVES COTTAGE, WARE ROAD, WIDFORD, WARE, SG12 8RE - £180,000

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.

IVES COTTAGE is a very small detached house of 55m², built sometime before 1900, which could now be worth an estimated £256,951. It was last sold for £180,000 in November 2014, which was around 70% below the average November 2014 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was December 2012, where the current energy rating was E, and the potential energy rating was B.

IVES COTTAGE Sold Prices

Land registry data shows four sales for IVES COTTAGE 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 IVES COTTAGE 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 12 NOV	£180,000	£598,328	70% below HPI
2004 20 AUG	£178,000	£425,405	58% below HPI
2002 30 APR	£117,500	£328,123	64% below HPI
1996 8 NOV	£67,000	£158,664	58% below HPI

IVES COTTAGE 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 IVES COTTAGE sales between November 1996 and November 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 August 2004 sale was for 58% below the HPI. So the extrapolation line tracks at 58% below the HPI over time, until the November 2014 sale, where it falls to 70% below the HPI. The line then continues to track at 70% below the HPI.

What might IVES COTTAGE be worth now?

IVES COTTAGE might now be worth an estimated £256,951.

This is based on house price inflation of 42.8%, between November 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 42.8% inflationary increase is applied to the most recent sale price for IVES COTTAGE of £180,000 on 12th November 2014. For the value to have increased from £180,000 to £256,951 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of IVES COTTAGE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The November 2014 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of IVES COTTAGE has not materially changed since November 2014.

How Large is IVES COTTAGE?

IVES COTTAGE is 55m² according to the EPC inspection conducted in December 2012. This puts it in the smallest 10% of detached houses houses in Widford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Widford, and where IVES COTTAGE lies on this distribution: Less than 1% of detached houses houses are smaller than IVES COTTAGE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Widford.

IVES COTTAGE: Plot and Title Map

IVES COTTAGE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of IVES COTTAGE, 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 IVES COTTAGE). 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 IVES COTTAGE?

IVES COTTAGE is located on WARE ROAD in WIDFORD, in the SG12 postcode district. The below map shows the position of IVES COTTAGE on WARE ROAD.