10, MILL CLOSE, STOTFOLD, HITCHIN, SG5 4AB - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

10 MILL CLOSE is a small extended detached house of 107m², built sometime between 1991 and 1995. It was last sold for £450,000 in November 2022, which was around 22% below the average November 2022 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

10 MILL CLOSE Sold Prices

Land registry data shows six sales for 10 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the six 10 MILL 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
2022 25 NOV	£450,000	£574,001	22% below HPI
2019 24 JAN	£312,500	£508,754	39% below HPI
2008 15 JUL	£230,000	£330,461	30% below HPI
2002 18 JAN	£127,000	£205,625	38% below HPI
2000 28 JAN	£98,500	£158,677	38% below HPI
1997 5 FEB	£71,500	£104,759	32% below HPI

10 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The six 10 MILL CLOSE sales between February 1997 and November 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 January 2019 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 10 MILL CLOSE?

10 MILL CLOSE is 107m², which includes one extension, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of detached houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses by size in Stotfold, and where 10 MILL CLOSE lies on this distribution: 30% of detached houses are smaller than 10 MILL CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

10 MILL CLOSE: Plot and Title Map

10 MILL CLOSE sits on a plot of roughly 0.042 of an acre, or 169m². The below map shows the location of 10 MILL 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 MILL 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 MILL CLOSE?

10 MILL CLOSE is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 10 on MILL CLOSE.