20, RIB CLOSE, STANDON, WARE, SG11 1QS - £420,000

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.

20 RIB CLOSE is a very small extended terraced house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £435,876. It was last sold for £420,000 in October 2024, which was around 5% above the average October 2024 terraced price in the East Hertfordshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

20 RIB CLOSE Sold Prices

Land registry data shows three sales for 20 RIB CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 20 RIB CLOSE 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
2024 4 OCT	£420,000	£401,728	5% above HPI
2013 2 MAY	£246,500	£237,176	4% above HPI
1998 17 JUL	£108,000	£87,844	23% above HPI

20 RIB CLOSE 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 three 20 RIB CLOSE sales between July 1998 and October 2024 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 May 2013 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2024 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 20 RIB CLOSE be worth now?

20 RIB CLOSE might now be worth an estimated £435,876.

This is based on house price inflation of 3.8%, between October 2024 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 3.8% inflationary increase is applied to the most recent sale price for 20 RIB CLOSE of £420,000 on 4th October 2024. For the value to have increased from £420,000 to £435,876 over the two years and five months to May 2026, the following assumptions must hold true:

• The value of 20 RIB CLOSE has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The October 2024 sale price of £420,000 represented a fair market value for the property.
• The size, condition, and specification of 20 RIB CLOSE has not materially changed since October 2024.

How Large is 20 RIB CLOSE?

20 RIB CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% of terraced houses houses in Puckeridge, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Puckeridge, and where 20 RIB CLOSE lies on this distribution: 10% of terraced houses houses are smaller than 20 RIB CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Puckeridge.

20 RIB CLOSE: Plot and Title Map

20 RIB CLOSE sits on a plot of roughly 0.045 of an acre, or 183m². The below map shows the location of 20 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 20 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 20 RIB CLOSE?

20 RIB CLOSE is located in STANDON, in the SG11 postcode district. The below map shows the position of No. 20 on RIB CLOSE.