GRAIGLEA, UPPER TILEHOUSE STREET, HITCHIN, SG5 2EF - £621,000

GRAIGLEA is a midsized extended detached house of 135m², built sometime between 1900 and 1929. It was last sold for £621,000 in September 2020, which was around 3% below the average September 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was C.

GRAIGLEA Sold Prices

Land registry data shows three sales for GRAIGLEA 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. Two of the three GRAIGLEA sales were for below the average price, whilst one 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
2020 28 SEP	£621,000	£639,789	3% below HPI
2015 30 APR	£581,500	£495,257	17% above HPI
2008 26 SEP	£250,000	£379,467	34% below HPI

GRAIGLEA 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 GRAIGLEA sales between September 2008 and September 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 April 2015 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the September 2020 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is GRAIGLEA?

GRAIGLEA is 135m², which includes two extensions, according to the EPC inspection conducted in February 2015. This puts it in the largest 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 GRAIGLEA lies on this distribution: 59% of detached houses are smaller than GRAIGLEA, and 40% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

GRAIGLEA: Plot and Title Map

GRAIGLEA sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of GRAIGLEA, 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 GRAIGLEA). 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 GRAIGLEA?

GRAIGLEA is located on UPPER TILEHOUSE STREET in HITCHIN, in the SG5 postcode district. The below map shows the position of GRAIGLEA on UPPER TILEHOUSE STREET.