ELSTEAD, WHINBUSH ROAD, HITCHIN, SG5 1PN - £263,000

ELSTEAD is a very small detached house of 85m², built sometime between 1930 and 1949. It was last sold for £263,000 in October 2012, which was around 36% below the average October 2012 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2012, where the current energy rating was E, and the potential energy rating was B.

ELSTEAD Sold Prices

Land registry data shows two sales for ELSTEAD 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. Both of the two ELSTEAD 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
2012 30 OCT	£263,000	£412,824	36% below HPI
2003 11 APR	£160,000	£304,609	47% below HPI

ELSTEAD 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 ELSTEAD sales from April 2003 and October 2012 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 April 2003 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2012 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is ELSTEAD?

ELSTEAD is 85m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where ELSTEAD lies on this distribution: 11% of detached houses are smaller than ELSTEAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

ELSTEAD: Plot and Title Map

ELSTEAD sits on a plot of roughly 0.044 of an acre, or 178m². The below map shows the location of ELSTEAD, 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 ELSTEAD). 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 ELSTEAD?

ELSTEAD is located on WHINBUSH ROAD in HITCHIN, in the SG5 postcode district. The below map shows the position of ELSTEAD on WHINBUSH ROAD.