41, NEW ROAD, WARE, SG12 7BU - £249,995

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.

41 NEW ROAD is a terraced house, which could now be worth an estimated £450,768. It was last sold for £249,995 in May 2007, which was around 8% above the average May 2007 terraced price in the East Hertfordshire local authority area.

41 NEW ROAD Sold Prices

Land registry data shows three sales for 41 NEW ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. Two of the three 41 NEW ROAD sales were for above the average price, whilst one 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
2007 25 MAY	£249,995	£231,219	8% above HPI
2003 16 MAY	£197,000	£178,149	11% above HPI
1995 27 MAR	£57,000	£67,020	15% below HPI

What might 41 NEW ROAD be worth now?

41 NEW ROAD might now be worth an estimated £450,768.

This is based on house price inflation of 80.3%, between May 2007 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 80.3% inflationary increase is applied to the most recent sale price for 41 NEW ROAD of £249,995 on 25th May 2007. For the value to have increased from £249,995 to £450,768 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 41 NEW ROAD has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The May 2007 sale price of £249,995 represented a fair market value for the property.
• The size, condition, and specification of 41 NEW ROAD has not materially changed since May 2007.

Where is 41 NEW ROAD?

41 NEW ROAD is located in WARE, in the SG12 postcode district.