7, HALF ACRE, HITCHIN, SG5 2XL - £1,043,000

7 HALF ACRE is a very large extended detached house of 242m², built sometime between 2007 and 2011. It was last sold for £1,043,000 in October 2022, which was around 46% above the average October 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

7 HALF ACRE Sold Prices

Land registry data shows three sales for 7 HALF ACRE 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 7 HALF ACRE sales were 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
2022 14 OCT	£1,043,000	£713,923	46% above HPI
2007 31 MAY	£700,000	£384,101	82% above HPI
2001 2 MAR	£375,000	£217,944	72% above HPI

7 HALF ACRE 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 7 HALF ACRE sales between March 2001 and October 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 May 2007 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the October 2022 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 7 HALF ACRE?

7 HALF ACRE is 242m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the largest 10% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 7 HALF ACRE lies on this distribution: 96% of detached houses are smaller than 7 HALF ACRE, and 4% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

7 HALF ACRE: Plot and Title Map

7 HALF ACRE sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 7 HALF ACRE, 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 7 HALF ACRE). 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 7 HALF ACRE?

7 HALF ACRE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 7 on HALF ACRE.