1, HALF ACRE, HITCHIN, SG5 2XL - £975,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 HALF ACRE is a very large extended detached house of 225m², built sometime between 1996 and 2002. It was last sold for £975,000 in June 2021, which was around 52% above the average June 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was C, and the potential energy rating was C.

1 HALF ACRE Sold Prices

Land registry data shows three sales for 1 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 1 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
2021 29 JUN	£975,000	£642,138	52% above HPI
2008 27 AUG	£620,000	£389,130	59% above HPI
1998 21 AUG	£330,000	£162,508	103% above HPI

1 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 1 HALF ACRE sales between August 1998 and June 2021 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 August 2008 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the June 2021 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 1 HALF ACRE?

1 HALF ACRE is 225m², which includes two extensions, according to the EPC inspection conducted in December 2019. 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 1 HALF ACRE lies on this distribution: 93% of detached houses are smaller than 1 HALF ACRE, and 7% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

1 HALF ACRE: Plot and Title Map

1 HALF ACRE sits on a plot of roughly 0.246 of an acre, or 996m². The below map shows the location of 1 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 1 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 1 HALF ACRE?

1 HALF ACRE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 1 on HALF ACRE.