1, THE FINCHES, HITCHIN, SG4 9PB - £890,000

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 THE FINCHES is a midsized detached house of 130m², built sometime between 1967 and 1975. It was last sold for £890,000 in February 2021, which was around 28% above the average February 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

1 THE FINCHES Sold Prices

Land registry data shows two sales for 1 THE FINCHES 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 THE FINCHES 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 16 FEB	£890,000	£693,020	28% above HPI
2015 20 MAY	£678,000	£537,519	26% above HPI

1 THE FINCHES 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 THE FINCHES sales from May 2015 and February 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 May 2015 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the February 2021 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 1 THE FINCHES be worth now?

1 THE FINCHES might now be worth an estimated £1,017,260.

This is based on house price inflation of 14.3%, between February 2021 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 14.3% inflationary increase is applied to the most recent sale price for 1 THE FINCHES of £890,000 on 16th February 2021. For the value to have increased from £890,000 to £1,017,260 over the two years and two months to December 2024, the following assumptions must hold true:

• The value of 1 THE FINCHES has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2021 sale price of £890,000 represented a fair market value for the property.
• The size, condition, and specification of 1 THE FINCHES has not materially changed since February 2021.

How Large is 1 THE FINCHES?

1 THE FINCHES is 130m² according to the EPC inspection conducted in March 2020. This puts it in the largest 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 THE FINCHES lies on this distribution: 55% of detached houses houses are smaller than 1 THE FINCHES, and 44% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

1 THE FINCHES: Plot and Title Map

1 THE FINCHES sits on a plot of roughly 0.157 of an acre, or 634m². The below map shows the location of 1 THE FINCHES, 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 THE FINCHES). 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 THE FINCHES?

1 THE FINCHES is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 1 on THE FINCHES.