7, GRASMERE ROAD, WARE, SG12 7NP - £422,000

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 GRASMERE ROAD is a very small extended semi-detached house of 77m², built sometime between 1900 and 1929, which could now be worth an estimated £502,157. It was last sold for £422,000 in November 2018, which was around 4% below the average November 2018 semi-detached price in the East Hertfordshire local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was B.

7 GRASMERE ROAD Sold Prices

Land registry data shows six sales for 7 GRASMERE ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average semi-detached price in the East Hertfordshire local authority area for the corresponding sale date. Most of the six 7 GRASMERE ROAD 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
2018 8 NOV	£422,000	£439,673	4% below HPI
2014 14 FEB	£305,000	£321,232	5% below HPI
2006 14 JUL	£233,000	£258,130	10% below HPI
1998 30 JAN	£98,500	£104,011	5% below HPI
1997 18 APR	£92,000	£90,092	2% above HPI
1995 30 NOV	£83,500	£81,391	3% above HPI

7 GRASMERE ROAD 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 six 7 GRASMERE ROAD sales between November 1995 and November 2018 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 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 7 GRASMERE ROAD be worth now?

7 GRASMERE ROAD might now be worth an estimated £502,157.

This is based on house price inflation of 19%, between November 2018 and April 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 19% inflationary increase is applied to the most recent sale price for 7 GRASMERE ROAD of £422,000 on 8th November 2018. For the value to have increased from £422,000 to £502,157 over the eight years and seven months to April 2026, the following assumptions must hold true:

• The value of 7 GRASMERE ROAD has moved in line with the HPI for semi-detached houses in the East Hertfordshire local authority area.
• The November 2018 sale price of £422,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GRASMERE ROAD has not materially changed since November 2018.

How Large is 7 GRASMERE ROAD?

7 GRASMERE ROAD is 77m², which includes two extensions, according to the EPC inspection conducted in September 2013. This puts it in the smallest 10% 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 7 GRASMERE ROAD lies on this distribution: 4% of semi-detached houses houses are smaller than 7 GRASMERE ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Ware.

7 GRASMERE ROAD: Plot and Title Map

7 GRASMERE ROAD sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 7 GRASMERE 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 7 GRASMERE 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 7 GRASMERE ROAD?

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