48, HOE LANE, WARE, SG12 9NZ - £1,470,000

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.

48 HOE LANE is a very large extended semi-detached house of 184m², built sometime between 1950 and 1966, which could now be worth an estimated £1,729,144. It was last sold for £1,470,000 in April 2021, which was around 226% above the average April 2021 semi-detached price in the East Hertfordshire local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

48 HOE LANE Sold Prices

Land registry data shows three sales for 48 HOE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the East Hertfordshire local authority area for the corresponding sale date. All of the three 48 HOE LANE 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
2021 13 APR	£1,470,000	£450,925	226% above HPI
2019 12 APR	£1,020,000	£440,406	132% above HPI
1996 23 FEB	£218,000	£82,023	166% above HPI

48 HOE LANE 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 three 48 HOE LANE sales between February 1996 and April 2021 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 April 2019 sale was for 132% above the HPI. So the extrapolation line tracks at 132% above the HPI over time, until the April 2021 sale, where it rises to 226% above the HPI. The line then continues to track at 226% above the HPI.

What might 48 HOE LANE be worth now?

48 HOE LANE might now be worth an estimated £1,729,144.

This is based on house price inflation of 17.6%, between April 2021 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 17.6% inflationary increase is applied to the most recent sale price for 48 HOE LANE of £1,470,000 on 13th April 2021. For the value to have increased from £1,470,000 to £1,729,144 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 48 HOE LANE has moved in line with the HPI for semi-detached houses in the East Hertfordshire local authority area.
• The April 2021 sale price of £1,470,000 represented a fair market value for the property.
• The size, condition, and specification of 48 HOE LANE has not materially changed since April 2021.

How Large is 48 HOE LANE?

48 HOE LANE is 184m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 20% 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 48 HOE LANE lies on this distribution: 87% of semi-detached houses houses are smaller than 48 HOE LANE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ware.

48 HOE LANE: Plot and Title Map

48 HOE LANE sits on a plot of roughly 0.381 of an acre, or 1,542m². The below map shows the location of 48 HOE LANE, 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 48 HOE LANE). 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 48 HOE LANE?

48 HOE LANE is located in WARE, in the SG12 postcode district. The below map shows the position of No. 48 on HOE LANE.