1, GRASMERE ROAD, WARE, SG12 7NP - £437,500

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.

1 GRASMERE ROAD is a very small terraced house of 95m², built sometime between 1900 and 1929, which could now be worth an estimated £601,893. It was last sold for £437,500 in September 2015, which was around 45% above the average September 2015 terraced price in the East Hertfordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

1 GRASMERE ROAD Sold Prices

Land registry data shows two sales for 1 GRASMERE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. One of the two 1 GRASMERE ROAD sales was for above the average price, whilst the other was 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
2015 7 SEP	£437,500	£300,890	45% above HPI
2003 24 JAN	£160,500	£169,053	5% below HPI

1 GRASMERE ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 1 GRASMERE ROAD sales from January 2003 and September 2015 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 2003 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2015 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 1 GRASMERE ROAD be worth now?

1 GRASMERE ROAD might now be worth an estimated £601,893.

This is based on house price inflation of 37.6%, between September 2015 and April 2026, for terraced 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 37.6% inflationary increase is applied to the most recent sale price for 1 GRASMERE ROAD of £437,500 on 7th September 2015. For the value to have increased from £437,500 to £601,893 over the eleven years and five months to April 2026, the following assumptions must hold true:

• The value of 1 GRASMERE ROAD has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The September 2015 sale price of £437,500 represented a fair market value for the property.
• The size, condition, and specification of 1 GRASMERE ROAD has not materially changed since September 2015.

How Large is 1 GRASMERE ROAD?

1 GRASMERE ROAD is 95m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of terraced houses houses in Ware, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ware, and where 1 GRASMERE ROAD lies on this distribution: 18% of terraced houses houses are smaller than 1 GRASMERE ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Ware.

1 GRASMERE ROAD: Plot and Title Map

1 GRASMERE ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 1 GRASMERE ROAD, 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 1 GRASMERE ROAD). 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 1 GRASMERE ROAD?

1 GRASMERE ROAD is located in WARE, in the SG12 postcode district. The below map shows the position of No. 1 on GRASMERE ROAD.