16, PARK ROAD, WARE, SG12 0AJ - £387,500

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.

16 PARK ROAD is a very small terraced house of 63m², built sometime between 1900 and 1929, which could now be worth an estimated £444,851. It was last sold for £387,500 in March 2021, which was around 7% above the average March 2021 terraced price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

16 PARK ROAD Sold Prices

Land registry data shows five sales for 16 PARK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. Most of the five 16 PARK ROAD 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 26 MAR	£387,500	£363,164	7% above HPI
2017 8 DEC	£367,500	£343,129	7% above HPI
2014 19 DEC	£270,000	£278,423	3% below HPI
2003 28 NOV	£180,500	£177,825	2% above HPI
1998 13 FEB	£71,000	£81,199	13% below HPI

16 PARK 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 five 16 PARK ROAD sales between February 1998 and March 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 December 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2021 sale, which was also at 7% above the HPI.

What might 16 PARK ROAD be worth now?

16 PARK ROAD might now be worth an estimated £444,851.

This is based on house price inflation of 14.8%, between March 2021 and May 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 14.8% inflationary increase is applied to the most recent sale price for 16 PARK ROAD of £387,500 on 26th March 2021. For the value to have increased from £387,500 to £444,851 over the four years and ten months to May 2026, the following assumptions must hold true:

• The value of 16 PARK ROAD has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The March 2021 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of 16 PARK ROAD has not materially changed since March 2021.

How Large is 16 PARK ROAD?

16 PARK ROAD is 63m² according to the EPC inspection conducted in January 2021. This puts it in the smallest 10% 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 16 PARK ROAD lies on this distribution: 1% of terraced houses houses are smaller than 16 PARK ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Ware.

16 PARK ROAD: Plot and Title Map

16 PARK ROAD sits on a plot of roughly 0.021 of an acre, or 87m². The below map shows the location of 16 PARK 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 16 PARK 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 16 PARK ROAD?

16 PARK ROAD is located in WARE, in the SG12 postcode district. The below map shows the position of No. 16 on PARK ROAD.