1, WATER LANE, HITCHIN, SG5 1TX - £492,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 WATER LANE is a very small extended terraced house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £469,495. It was last sold for £492,000 in November 2024, which was around 31% above the average November 2024 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was D, and the potential energy rating was B.

1 WATER LANE Sold Prices

Land registry data shows two sales for 1 WATER LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 1 WATER LANE 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
2024 4 NOV	£492,000	£376,939	31% above HPI
2010 22 OCT	£240,000	£200,519	20% above HPI

1 WATER LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 1 WATER LANE sales from October 2010 and November 2024 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 October 2010 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the November 2024 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 1 WATER LANE be worth now?

1 WATER LANE might now be worth an estimated £469,495.

This is based on house price deflation of 4.6%, between November 2024 and July 2025, for terraced 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% deflationary decrease is applied to the most recent sale price for 1 WATER LANE of £492,000 on 4th November 2024. For the value to have decreased from £492,000 to £469,495 over the one year and four months to July 2025, the following assumptions must hold true:

• The value of 1 WATER LANE has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The November 2024 sale price of £492,000 represented a fair market value for the property.
• The size, condition, and specification of 1 WATER LANE has not materially changed since November 2024.

How Large is 1 WATER LANE?

1 WATER LANE is 84m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the smallest 20% of terraced houses houses in Hitchin, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hitchin, and where 1 WATER LANE lies on this distribution: 10% of terraced houses houses are smaller than 1 WATER LANE, and 89% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

1 WATER LANE: Plot and Title Map

1 WATER LANE sits on a plot of roughly 0.017 of an acre, or 68m². The below map shows the location of 1 WATER LANE, 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 WATER LANE). 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 WATER LANE?

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