MECENA, WELWYN ROAD, HERTFORD, SG14 2BD - £705,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

MECENA is a very large extended detached house of 217m², built sometime between 1930 and 1949. It was last sold for £705,000 in September 2013, which was around 45% above the average September 2013 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2013, where the current energy rating was E, and the potential energy rating was D.

MECENA Sold Prices

Land registry data shows four sales for MECENA 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 MECENA sales 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
2013 4 SEP	£705,000	£487,252	45% above HPI
2007 5 JUN	£657,500	£443,852	48% above HPI
2000 18 OCT	£400,000	£260,138	54% above HPI
1997 13 JUN	£260,000	£156,938	66% above HPI

MECENA 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 MECENA sales between June 1997 and September 2013 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 June 2007 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the September 2013 sale, where it falls to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is MECENA?

MECENA is 217m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where MECENA lies on this distribution: 88% of detached houses are smaller than MECENA, and 12% of houses are larger. Note that EPC data is not available for all properties in Hertford.

MECENA: Plot and Title Map

MECENA sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of MECENA, 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 MECENA). 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 MECENA?

MECENA is located on WELWYN ROAD in HERTFORD, in the SG14 postcode district. The below map shows the position of MECENA on WELWYN ROAD.