HILLBANKS, BYDE STREET, HERTFORD, SG14 3BA - £560,000

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.

HILLBANKS is a very small detached house of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £829,525. It was last sold for £560,000 in July 2014, which was around 3% below the average July 2014 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

HILLBANKS Sold Prices

Land registry data shows two sales for HILLBANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Hertfordshire local authority area for the corresponding sale date. Both of the two HILLBANKS 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
2014 4 JUL	£560,000	£576,602	3% below HPI
1999 23 FEB	£184,000	£209,551	12% below HPI

HILLBANKS 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 two HILLBANKS sales from February 1999 and July 2014 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 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2014 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might HILLBANKS be worth now?

HILLBANKS might now be worth an estimated £829,525.

This is based on house price inflation of 48.1%, between July 2014 and February 2025, 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 48.1% inflationary increase is applied to the most recent sale price for HILLBANKS of £560,000 on 4th July 2014. For the value to have increased from £560,000 to £829,525 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of HILLBANKS has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The July 2014 sale price of £560,000 represented a fair market value for the property.
• The size, condition, and specification of HILLBANKS has not materially changed since July 2014.

How Large is HILLBANKS?

HILLBANKS is 82m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of detached houses houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hertford, and where HILLBANKS lies on this distribution: 5% of detached houses houses are smaller than HILLBANKS, and 95% of houses are larger. Note that EPC data is not available for all properties in Hertford.

HILLBANKS: Plot and Title Map

HILLBANKS sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of HILLBANKS, 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 HILLBANKS). 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 HILLBANKS?

HILLBANKS is located on BYDE STREET in HERTFORD, in the SG14 postcode district. The below map shows the position of HILLBANKS on BYDE STREET.