7, BLACKSMITHS CLOSE, GREAT AMWELL, WARE, SG12 9TH - £730,000

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.

7 BLACKSMITHS CLOSE is a midsized extended detached house of 148m², built sometime between 1983 and 1990, which could now be worth an estimated £841,534. It was last sold for £730,000 in January 2019, which was around 5% below the average January 2019 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

7 BLACKSMITHS CLOSE Sold Prices

Land registry data shows three sales for 7 BLACKSMITHS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. The three 7 BLACKSMITHS CLOSE sales were a mix of below the average price, and roughly equal to 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 25 JAN	£730,000	£768,624	5% below HPI
2015 31 MAR	£610,000	£611,680	Close to HPI
2006 6 OCT	£430,000	£459,591	6% below HPI

7 BLACKSMITHS CLOSE 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 three 7 BLACKSMITHS CLOSE sales between October 2006 and January 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 March 2015 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the January 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 7 BLACKSMITHS CLOSE be worth now?

7 BLACKSMITHS CLOSE might now be worth an estimated £841,534.

This is based on house price inflation of 15.3%, between January 2019 and July 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 15.3% inflationary increase is applied to the most recent sale price for 7 BLACKSMITHS CLOSE of £730,000 on 25th January 2019. For the value to have increased from £730,000 to £841,534 over the six years and six months to July 2026, the following assumptions must hold true:

• The value of 7 BLACKSMITHS CLOSE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The January 2019 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BLACKSMITHS CLOSE has not materially changed since January 2019.

How Large is 7 BLACKSMITHS CLOSE?

7 BLACKSMITHS CLOSE is 148m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses houses in Great Amwell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Amwell, and where 7 BLACKSMITHS CLOSE lies on this distribution: 45% of detached houses houses are smaller than 7 BLACKSMITHS CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Great Amwell.

7 BLACKSMITHS CLOSE: Plot and Title Map

7 BLACKSMITHS CLOSE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 7 BLACKSMITHS CLOSE, 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 7 BLACKSMITHS CLOSE). 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 7 BLACKSMITHS CLOSE?

7 BLACKSMITHS CLOSE is located in GREAT AMWELL, in the SG12 postcode district. The below map shows the position of No. 7 on BLACKSMITHS CLOSE.