MILL RACE, SWALLOW COURT, HERTFORD, SG14 1NZ - £1,200,000

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

MILL RACE is a very large detached house of 248m², built sometime between 1983 and 1990. It was last sold for £1,200,000 in September 2019, which was around 68% above the average September 2019 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was C.

MILL RACE Sold Prices

Land registry data shows three sales for MILL RACE 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. All of the three MILL RACE 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
2019 23 SEP	£1,200,000	£714,288	68% above HPI
2002 30 APR	£690,000	£306,904	125% above HPI
2000 21 JUL	£455,000	£255,341	78% above HPI

MILL RACE 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 MILL RACE sales between July 2000 and September 2019 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 April 2002 sale was for 125% above the HPI. So the extrapolation line tracks at 125% above the HPI over time, until the September 2019 sale, where it falls to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is MILL RACE?

MILL RACE is 248m² according to the EPC inspection conducted in February 2019. This puts it in the largest 10% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where MILL RACE lies on this distribution: 92% of detached houses are smaller than MILL RACE, and 8% of houses are larger. Note that EPC data is not available for all properties in Hertford.

MILL RACE: Plot and Title Map

MILL RACE sits on a plot of roughly 0.306 of an acre, or 1,236m². The below map shows the location of MILL RACE, 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 MILL RACE). 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 MILL RACE?

MILL RACE is located on SWALLOW COURT in HERTFORD, in the SG14 postcode district. The below map shows the position of MILL RACE on SWALLOW COURT.