22, GILPIN ROAD, WARE, SG12 9LZ - £484,000

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.

22 GILPIN ROAD is a very small extended terraced house of 90m², built sometime before 1900, which could now be worth an estimated £661,357. It was last sold for £484,000 in October 2015, which was around 59% above the average October 2015 terraced price in the East Hertfordshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

22 GILPIN ROAD Sold Prices

Land registry data shows four sales for 22 GILPIN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. All of the four 22 GILPIN 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
2015 16 OCT	£484,000	£305,109	59% above HPI
2002 29 MAY	£162,000	£147,396	10% above HPI
2000 24 NOV	£127,000	£116,523	9% above HPI
2000 14 FEB	£124,000	£105,793	17% above HPI

22 GILPIN 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 four 22 GILPIN ROAD sales between February 2000 and October 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 May 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the October 2015 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might 22 GILPIN ROAD be worth now?

22 GILPIN ROAD might now be worth an estimated £661,357.

This is based on house price inflation of 36.6%, between October 2015 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 36.6% inflationary increase is applied to the most recent sale price for 22 GILPIN ROAD of £484,000 on 16th October 2015. For the value to have increased from £484,000 to £661,357 over the eleven years and five months to May 2026, the following assumptions must hold true:

• The value of 22 GILPIN ROAD has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The October 2015 sale price of £484,000 represented a fair market value for the property.
• The size, condition, and specification of 22 GILPIN ROAD has not materially changed since October 2015.

How Large is 22 GILPIN ROAD?

22 GILPIN ROAD is 90m², which includes three extensions, according to the EPC inspection conducted in June 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 22 GILPIN ROAD lies on this distribution: 13% of terraced houses houses are smaller than 22 GILPIN ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Ware.

22 GILPIN ROAD: Plot and Title Map

22 GILPIN ROAD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 22 GILPIN 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 22 GILPIN 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 22 GILPIN ROAD?

22 GILPIN ROAD is located in WARE, in the SG12 postcode district. The below map shows the position of No. 22 on GILPIN ROAD.