64, PARK ROAD, WARE, SG12 0AN - £370,000

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.

64 PARK ROAD is a very small terraced house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £445,938. It was last sold for £370,000 in August 2019, which was around 7% above the average August 2019 terraced price in the East Hertfordshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was C.

64 PARK ROAD Sold Prices

Land registry data shows two sales for 64 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. One of the two 64 PARK ROAD sales was for above the average price, whilst the other was 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
2019 15 AUG	£370,000	£345,918	7% above HPI
1996 20 FEB	£60,000	£65,351	8% below HPI

64 PARK 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 two 64 PARK ROAD sales from February 1996 and August 2019 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 February 1996 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2019 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 64 PARK ROAD be worth now?

64 PARK ROAD might now be worth an estimated £445,938.

This is based on house price inflation of 20.5%, between August 2019 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 20.5% inflationary increase is applied to the most recent sale price for 64 PARK ROAD of £370,000 on 15th August 2019. For the value to have increased from £370,000 to £445,938 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 64 PARK ROAD has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The August 2019 sale price of £370,000 represented a fair market value for the property.
• The size, condition, and specification of 64 PARK ROAD has not materially changed since August 2019.

How Large is 64 PARK ROAD?

64 PARK ROAD is 74m² according to the EPC inspection conducted in November 2018. 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 64 PARK ROAD lies on this distribution: 3% of terraced houses houses are smaller than 64 PARK ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Ware.

64 PARK ROAD: Plot and Title Map

64 PARK ROAD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 64 PARK 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 64 PARK 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 64 PARK ROAD?

64 PARK ROAD is located in WARE, in the SG12 postcode district. The below map shows the position of No. 64 on PARK ROAD.