1, OFFLEY ROAD, HITCHIN, SG5 2AZ - £750,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 OFFLEY ROAD is a midsized detached house of 120m², built sometime between 1930 and 1949. It was last sold for £750,000 in July 2022, which was around 1% below the average July 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was C.

1 OFFLEY ROAD Sold Prices

Land registry data shows two sales for 1 OFFLEY ROAD 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 1 OFFLEY ROAD 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
2022 8 JUL	£750,000	£757,617	1% below HPI
2008 25 APR	£370,000	£427,701	13% below HPI

1 OFFLEY ROAD 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 1 OFFLEY ROAD sales from April 2008 and July 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 April 2008 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2022 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1 OFFLEY ROAD be worth now?

1 OFFLEY ROAD might now be worth an estimated £784,150.

This is based on house price inflation of 4.6%, between July 2022 and December 2024, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.6% inflationary increase is applied to the most recent sale price for 1 OFFLEY ROAD of £750,000 on 8th July 2022. For the value to have increased from £750,000 to £784,150 over the one year and seven months to December 2024, the following assumptions must hold true:

• The value of 1 OFFLEY ROAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The July 2022 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 1 OFFLEY ROAD has not materially changed since July 2022.

How Large is 1 OFFLEY ROAD?

1 OFFLEY ROAD is 120m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hitchin, and where 1 OFFLEY ROAD lies on this distribution: 45% of detached houses houses are smaller than 1 OFFLEY ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

1 OFFLEY ROAD: Plot and Title Map

1 OFFLEY ROAD sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 1 OFFLEY ROAD, 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 OFFLEY ROAD). 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 OFFLEY ROAD?

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