18, RIB CLOSE, STANDON, WARE, SG11 1QS - £289,995

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.

18 RIB CLOSE is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £343,723. It was last sold for £289,995 in November 2017, which was around 32% below the average November 2017 semi-detached price in the East Hertfordshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

18 RIB CLOSE Sold Prices

Land registry data shows five sales for 18 RIB CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the five 18 RIB CLOSE 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 8 NOV	£289,995	£429,213	32% below HPI
2009 22 SEP	£190,000	£262,921	28% below HPI
2002 7 AUG	£145,000	£196,787	26% below HPI
2000 9 JUN	£105,000	£146,185	28% below HPI
1997 14 NOV	£83,000	£103,552	20% below HPI

18 RIB CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The five 18 RIB CLOSE sales between November 1997 and November 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 September 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the November 2017 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 18 RIB CLOSE be worth now?

18 RIB CLOSE might now be worth an estimated £343,723.

This is based on house price inflation of 18.5%, between November 2017 and March 2025, for semi-detached 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 18.5% inflationary increase is applied to the most recent sale price for 18 RIB CLOSE of £289,995 on 8th November 2017. For the value to have increased from £289,995 to £343,723 over the eight years and eight months to March 2025, the following assumptions must hold true:

• The value of 18 RIB CLOSE has moved in line with the HPI for semi-detached houses in the East Hertfordshire local authority area.
• The November 2017 sale price of £289,995 represented a fair market value for the property.
• The size, condition, and specification of 18 RIB CLOSE has not materially changed since November 2017.

How Large is 18 RIB CLOSE?

18 RIB CLOSE is 55m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 10% of semi-detached houses houses in Puckeridge, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Puckeridge, and where 18 RIB CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 18 RIB CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Puckeridge.

18 RIB CLOSE: Plot and Title Map

18 RIB CLOSE sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 18 RIB CLOSE, 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 18 RIB CLOSE). 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 18 RIB CLOSE?

18 RIB CLOSE is located in STANDON, in the SG11 postcode district. The below map shows the position of No. 18 on RIB CLOSE.