THE LAURELS, MARSH LANE, STANSTEAD ABBOTTS, WARE, SG12 8QT - £725,000

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.

THE LAURELS is a large extended detached house of 158m², built sometime between 2003 and 2006, which could now be worth an estimated £734,723. It was last sold for £725,000 in September 2022, which was around 15% below the average September 2022 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

THE LAURELS Sold Prices

Land registry data shows two sales for THE LAURELS 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 THE LAURELS 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
2022 22 SEP	£725,000	£851,038	15% below HPI
2004 17 DEC	£379,950	£420,213	10% below HPI

THE LAURELS 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 THE LAURELS sales from December 2004 and September 2022 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 December 2004 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2022 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might THE LAURELS be worth now?

THE LAURELS might now be worth an estimated £734,723.

This is based on house price inflation of 1.3%, between September 2022 and June 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 1.3% inflationary increase is applied to the most recent sale price for THE LAURELS of £725,000 on 22nd September 2022. For the value to have increased from £725,000 to £734,723 over the three years and three months to June 2025, the following assumptions must hold true:

• The value of THE LAURELS has moved in line with the HPI for detached houses in the East Hertfordshire local authority area.
• The September 2022 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of THE LAURELS has not materially changed since September 2022.

How Large is THE LAURELS?

THE LAURELS is 158m², which includes two extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 30% of detached houses houses in Stanstead Abbotts, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanstead Abbotts, and where THE LAURELS lies on this distribution: 79% of detached houses houses are smaller than THE LAURELS, and 21% of houses are larger. Note that EPC data is not available for all properties in Stanstead Abbotts.

THE LAURELS: Plot and Title Map

THE LAURELS sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

THE LAURELS is located on MARSH LANE in STANSTEAD ABBOTTS, in the SG12 postcode district. The below map shows the position of THE LAURELS on MARSH LANE.