24, GREYFRIARS, WARE, SG12 0XW - £815,000

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.

24 GREYFRIARS is a large detached house of 165m², built sometime between 1991 and 1995, which could now be worth an estimated £853,840. It was last sold for £815,000 in July 2022, which was around 3% below the average July 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

24 GREYFRIARS Sold Prices

Land registry data shows two sales for 24 GREYFRIARS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two 24 GREYFRIARS 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
2022 18 JUL	£815,000	£843,424	3% below HPI
2014 27 MAY	£530,000	£561,346	6% below HPI

24 GREYFRIARS Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 24 GREYFRIARS sales from May 2014 and July 2022 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 2014 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2022 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 24 GREYFRIARS be worth now?

24 GREYFRIARS might now be worth an estimated £853,840.

This is based on house price inflation of 4.8%, between July 2022 and April 2026, for 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 4.8% inflationary increase is applied to the most recent sale price for 24 GREYFRIARS of £815,000 on 18th July 2022. For the value to have increased from £815,000 to £853,840 over the four years and three months to April 2026, the following assumptions must hold true:

• The value of 24 GREYFRIARS has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The July 2022 sale price of £815,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GREYFRIARS has not materially changed since July 2022.

How Large is 24 GREYFRIARS?

24 GREYFRIARS is 165m² according to the EPC inspection conducted in November 2021. This puts it in the largest 30% of detached houses houses in Ware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ware, and where 24 GREYFRIARS lies on this distribution: 79% of detached houses houses are smaller than 24 GREYFRIARS, and 21% of houses are larger. Note that EPC data is not available for all properties in Ware.

24 GREYFRIARS: Plot and Title Map

24 GREYFRIARS sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 24 GREYFRIARS, 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 24 GREYFRIARS). 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 24 GREYFRIARS?

24 GREYFRIARS is located in WARE, in the SG12 postcode district. The below map shows the position of No. 24 on GREYFRIARS.