5, NEW ROAD, WARE, SG12 7BS - £385,000

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.

5 NEW ROAD is a very small extended terraced house of 66m², built sometime between 1900 and 1929, which could now be worth an estimated £408,044. It was last sold for £385,000 in October 2023, which was around 1% below the average October 2023 terraced price in the East Hertfordshire local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

5 NEW ROAD Sold Prices

Land registry data shows seven sales for 5 NEW ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. The seven 5 NEW ROAD sales were a mix of below the average price, roughly equal to the average price, and 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
2023 27 OCT	£385,000	£390,573	1% below HPI
2021 23 MAR	£362,500	£363,164	Close to HPI
2016 12 SEP	£350,000	£337,648	4% above HPI
2010 21 OCT	£214,000	£228,094	6% below HPI
2006 19 OCT	£210,000	£220,162	5% below HPI
2000 18 AUG	£147,500	£117,188	26% above HPI
1996 25 JUL	£74,995	£68,153	10% above HPI

5 NEW 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 seven 5 NEW ROAD sales between July 1996 and October 2023 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 March 2021 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2023 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 5 NEW ROAD be worth now?

5 NEW ROAD might now be worth an estimated £408,044.

This is based on house price inflation of 6%, between October 2023 and April 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 6% inflationary increase is applied to the most recent sale price for 5 NEW ROAD of £385,000 on 27th October 2023. For the value to have increased from £385,000 to £408,044 over the three years and six months to April 2026, the following assumptions must hold true:

• The value of 5 NEW ROAD has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The October 2023 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 5 NEW ROAD has not materially changed since October 2023.

How Large is 5 NEW ROAD?

5 NEW ROAD is 66m², which includes one extension, according to the EPC inspection conducted in November 2020. This puts it in the smallest 10% 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 5 NEW ROAD lies on this distribution: 2% of terraced houses houses are smaller than 5 NEW ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Ware.

5 NEW ROAD: Plot and Title Map

5 NEW ROAD sits on a plot of roughly 0.017 of an acre, or 70m². The below map shows the location of 5 NEW 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 5 NEW 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 5 NEW ROAD?

5 NEW ROAD is located in WARE, in the SG12 postcode district. The below map shows the position of No. 5 on NEW ROAD.