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

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 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 7% above 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. One of the two 1 OFFLEY ROAD sales was for above the average price, whilst the other was 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	£701,704	7% above HPI
2008 25 APR	£370,000	£396,137	7% 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 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2022 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

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 in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 1 OFFLEY ROAD lies on this distribution: 45% of detached 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.