15, SPRING COTTAGES, HIGH ROAD, TURNFORD, BROXBOURNE, EN10 6AD - £370,000

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.

15 SPRING COTTAGES is a very small extended terraced house of 94m², built sometime between 1930 and 1949, which could now be worth an estimated £411,656. It was last sold for £370,000 in July 2021, which was around 2% above the average July 2021 terraced price in the Broxbourne local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was C.

15 SPRING COTTAGES Sold Prices

Land registry data shows three sales for 15 SPRING COTTAGES since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Broxbourne local authority area for the corresponding sale date. All of the three 15 SPRING COTTAGES 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
2021 14 JUL	£370,000	£363,456	2% above HPI
1997 27 MAR	£79,995	£68,681	16% above HPI
1995 28 APR	£72,000	£66,583	8% above HPI

15 SPRING COTTAGES Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broxbourne local authority area over time, sourced from the HPI. The three 15 SPRING COTTAGES sales between April 1995 and July 2021 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 March 1997 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the July 2021 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 15 SPRING COTTAGES be worth now?

15 SPRING COTTAGES might now be worth an estimated £411,656.

This is based on house price inflation of 11.3%, between July 2021 and July 2025, for terraced houses, in the Broxbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.3% inflationary increase is applied to the most recent sale price for 15 SPRING COTTAGES of £370,000 on 14th July 2021. For the value to have increased from £370,000 to £411,656 over the four years to July 2025, the following assumptions must hold true:

• The value of 15 SPRING COTTAGES has moved in line with the HPI for terraced houses in the Broxbourne local authority area.
• The July 2021 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 15 SPRING COTTAGES has not materially changed since July 2021.

How Large is 15 SPRING COTTAGES?

15 SPRING COTTAGES is 94m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of terraced houses houses in Hoddesdon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hoddesdon, and where 15 SPRING COTTAGES lies on this distribution: 11% of terraced houses houses are smaller than 15 SPRING COTTAGES, and 89% of houses are larger. Note that EPC data is not available for all properties in Hoddesdon.

15 SPRING COTTAGES: Plot and Title Map

15 SPRING COTTAGES sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 15 SPRING COTTAGES, 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 15 SPRING COTTAGES). 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 15 SPRING COTTAGES?

15 SPRING COTTAGES is located on HIGH ROAD in TURNFORD, in the EN10 postcode district. The below map shows the position of 15 SPRING COTTAGES on HIGH ROAD.