7, CEDAR CLOSE, WARE, SG12 9PG - £660,000

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 CEDAR CLOSE is a very small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £766,302. It was last sold for £660,000 in October 2019, which was around 13% below the average October 2019 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was B.

7 CEDAR CLOSE Sold Prices

Land registry data shows three sales for 7 CEDAR 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. All of the three 7 CEDAR CLOSE sales were 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 11 OCT	£660,000	£761,043	13% below HPI
2003 27 AUG	£335,000	£392,469	15% below HPI
1997 5 DEC	£168,000	£189,492	11% below HPI

7 CEDAR 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 CEDAR CLOSE sales between December 1997 and October 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 August 2003 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2019 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 7 CEDAR CLOSE be worth now?

7 CEDAR CLOSE might now be worth an estimated £766,302.

This is based on house price inflation of 16.1%, between October 2019 and April 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 16.1% inflationary increase is applied to the most recent sale price for 7 CEDAR CLOSE of £660,000 on 11th October 2019. For the value to have increased from £660,000 to £766,302 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 7 CEDAR CLOSE has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The October 2019 sale price of £660,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CEDAR CLOSE has not materially changed since October 2019.

How Large is 7 CEDAR CLOSE?

7 CEDAR CLOSE is 90m² according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses houses in Ware, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ware, and where 7 CEDAR CLOSE lies on this distribution: 14% of detached houses houses are smaller than 7 CEDAR CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Ware.

7 CEDAR CLOSE: Plot and Title Map

7 CEDAR CLOSE sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 7 CEDAR 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 CEDAR 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 CEDAR CLOSE?

7 CEDAR CLOSE is located in WARE, in the SG12 postcode district. The below map shows the position of No. 7 on CEDAR CLOSE.