38, MILTON ROAD, WARE, SG12 0PZ - £417,500

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.

38 MILTON ROAD is a very small semi-detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £507,486. It was last sold for £417,500 in January 2018, which was around 4% below the average January 2018 semi-detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

38 MILTON ROAD Sold Prices

Land registry data shows two sales for 38 MILTON ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the East Hertfordshire local authority area for the corresponding sale date. One of the two 38 MILTON ROAD sales was for below the average price, whilst the other was 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
2018 5 JAN	£417,500	£436,366	4% below HPI
1997 12 SEP	£113,500	£99,786	14% above HPI

38 MILTON ROAD 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 two 38 MILTON ROAD sales from September 1997 and January 2018 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 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2018 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 38 MILTON ROAD be worth now?

38 MILTON ROAD might now be worth an estimated £507,486.

This is based on house price inflation of 21.6%, between January 2018 and May 2026, 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 21.6% inflationary increase is applied to the most recent sale price for 38 MILTON ROAD of £417,500 on 5th January 2018. For the value to have increased from £417,500 to £507,486 over the seven years and eight months to May 2026, the following assumptions must hold true:

• The value of 38 MILTON ROAD has moved in line with the HPI for semi-detached houses in the East Hertfordshire local authority area.
• The January 2018 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 38 MILTON ROAD has not materially changed since January 2018.

How Large is 38 MILTON ROAD?

38 MILTON ROAD is 65m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of semi-detached houses houses in Ware, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ware, and where 38 MILTON ROAD lies on this distribution: 2% of semi-detached houses houses are smaller than 38 MILTON ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Ware.

38 MILTON ROAD: Plot and Title Map

38 MILTON ROAD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 38 MILTON 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 38 MILTON 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 38 MILTON ROAD?

38 MILTON ROAD is located in WARE, in the SG12 postcode district. The below map shows the position of No. 38 on MILTON ROAD.