10, GIBSON CLOSE, HITCHIN, SG4 0RS - £390,000

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

10 GIBSON CLOSE is a midsized extended detached house of 131m², built sometime between 1983 and 1990. It was last sold for £390,000 in February 2013, which was around 12% below the average February 2013 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was C.

10 GIBSON CLOSE Sold Prices

Land registry data shows two sales for 10 GIBSON CLOSE 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 10 GIBSON CLOSE 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
2013 7 FEB	£390,000	£444,545	12% below HPI
1999 2 DEC	£192,500	£197,979	3% below HPI

10 GIBSON CLOSE 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 10 GIBSON CLOSE sales from December 1999 and February 2013 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 December 1999 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2013 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 10 GIBSON CLOSE be worth now?

10 GIBSON CLOSE might now be worth an estimated £694,923.

This is based on house price inflation of 78.2%, between February 2013 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 78.2% inflationary increase is applied to the most recent sale price for 10 GIBSON CLOSE of £390,000 on 7th February 2013. For the value to have increased from £390,000 to £694,923 over the ten years and two months to December 2024, the following assumptions must hold true:

• The value of 10 GIBSON CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2013 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 10 GIBSON CLOSE has not materially changed since February 2013.

How Large is 10 GIBSON CLOSE?

10 GIBSON CLOSE is 131m², which includes two extensions, according to the EPC inspection conducted in September 2024. 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 10 GIBSON CLOSE lies on this distribution: 56% of detached houses houses are smaller than 10 GIBSON CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

10 GIBSON CLOSE: Plot and Title Map

10 GIBSON CLOSE sits on a plot of roughly 0.104 of an acre, or 419m². The below map shows the location of 10 GIBSON CLOSE, 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 10 GIBSON CLOSE). 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 10 GIBSON CLOSE?

10 GIBSON CLOSE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 10 on GIBSON CLOSE.