2, NIMBUS WAY, HITCHIN, SG4 0EH - £617,500

2 NIMBUS WAY is a midsized extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £617,500 in December 2020, which was around 7% below the average December 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

2 NIMBUS WAY Sold Prices

Land registry data shows three sales for 2 NIMBUS WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 2 NIMBUS WAY 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
2020 4 DEC	£617,500	£663,869	7% below HPI
2003 21 OCT	£250,000	£313,299	20% below HPI
1997 23 JUN	£122,000	£128,348	5% below HPI

2 NIMBUS WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 2 NIMBUS WAY sales between June 1997 and December 2020 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 October 2003 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2020 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 2 NIMBUS WAY?

2 NIMBUS WAY is 121m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 50% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 2 NIMBUS WAY lies on this distribution: 47% of detached houses are smaller than 2 NIMBUS WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

2 NIMBUS WAY: Plot and Title Map

2 NIMBUS WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 NIMBUS WAY, 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 2 NIMBUS WAY). 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 2 NIMBUS WAY?

2 NIMBUS WAY is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 2 on NIMBUS WAY.