49, BESSEMER CLOSE, HITCHIN, SG5 1AG - £540,000

49 BESSEMER CLOSE is a small extended detached house of 106m², built sometime between 1991 and 1995. It was last sold for £540,000 in October 2018, which was around 17% below the average October 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

49 BESSEMER CLOSE Sold Prices

Land registry data shows two sales for 49 BESSEMER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. One of the two 49 BESSEMER CLOSE sales was for below the average price, whilst the other was for above 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 3 OCT	£540,000	£649,408	17% below HPI
1995 17 MAY	£124,995	£117,253	7% above HPI

49 BESSEMER CLOSE 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 two 49 BESSEMER CLOSE sales from May 1995 and October 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 May 1995 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2018 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 49 BESSEMER CLOSE?

49 BESSEMER CLOSE is 106m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the smallest 40% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 49 BESSEMER CLOSE lies on this distribution: 31% of detached houses are smaller than 49 BESSEMER CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

49 BESSEMER CLOSE: Plot and Title Map

49 BESSEMER CLOSE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 49 BESSEMER CLOSE, 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 49 BESSEMER CLOSE). 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 49 BESSEMER CLOSE?

49 BESSEMER CLOSE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 49 on BESSEMER CLOSE.