WATERSMEET, DOBBS WEIR ROAD, HODDESDON, EN11 0AZ - £500,000

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.

WATERSMEET is a small extended detached house of 122m², built sometime between 1967 and 1975, which could now be worth an estimated £583,595. It was last sold for £500,000 in May 2017, which was around 44% below the average May 2017 detached price in the Epping Forest local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

WATERSMEET Sold Prices

Land registry data shows two sales for WATERSMEET since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Epping Forest local authority area for the corresponding sale date. Both of the two WATERSMEET 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
2017 30 MAY	£500,000	£890,103	44% below HPI
1998 18 DEC	£140,000	£234,162	40% below HPI

WATERSMEET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Epping Forest local authority area over time, sourced from the HPI. The two WATERSMEET sales from December 1998 and May 2017 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 December 1998 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might WATERSMEET be worth now?

WATERSMEET might now be worth an estimated £583,595.

This is based on house price inflation of 16.7%, between May 2017 and February 2025, for detached houses, in the Epping Forest local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.7% inflationary increase is applied to the most recent sale price for WATERSMEET of £500,000 on 30th May 2017. For the value to have increased from £500,000 to £583,595 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of WATERSMEET has moved in line with the HPI for detached houses in the Epping Forest local authority area.
• The May 2017 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of WATERSMEET has not materially changed since May 2017.

How Large is WATERSMEET?

WATERSMEET is 122m², which includes two extensions, according to the EPC inspection conducted in June 2010. This puts it in the smallest 40% of detached houses houses in Hoddesdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hoddesdon, and where WATERSMEET lies on this distribution: 33% of detached houses houses are smaller than WATERSMEET, and 67% of houses are larger. Note that EPC data is not available for all properties in Hoddesdon.

WATERSMEET: Plot and Title Map

WATERSMEET sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of WATERSMEET, 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 WATERSMEET). 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 WATERSMEET?

WATERSMEET is located on DOBBS WEIR ROAD in HODDESDON, in the EN11 postcode district. The below map shows the position of WATERSMEET on DOBBS WEIR ROAD.