10, NEWLANDS LANE, HITCHIN, SG4 9AY - £1,250,000

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 NEWLANDS LANE is a very large detached house of 244m². It was last sold for £1,250,000 in April 2021, which was around 80% above the average April 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was B, and the potential energy rating was A.

10 NEWLANDS LANE Sold Prices

Land registry data shows two sales for 10 NEWLANDS LANE 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 10 NEWLANDS LANE 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
2021 1 APR	£1,250,000	£693,958	80% above HPI
2016 28 JUL	£531,000	£634,247	16% below HPI

10 NEWLANDS LANE 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 NEWLANDS LANE sales from July 2016 and April 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 July 2016 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2021 sale, where it rises to 80% above the HPI. The line then continues to track at 80% above the HPI.

What might 10 NEWLANDS LANE be worth now?

10 NEWLANDS LANE might now be worth an estimated £1,426,805.

This is based on house price inflation of 14.1%, between April 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 14.1% inflationary increase is applied to the most recent sale price for 10 NEWLANDS LANE of £1,250,000 on 1st April 2021. For the value to have increased from £1,250,000 to £1,426,805 over the two years and four months to December 2024, the following assumptions must hold true:

• The value of 10 NEWLANDS LANE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The April 2021 sale price of £1,250,000 represented a fair market value for the property.
• The size, condition, and specification of 10 NEWLANDS LANE has not materially changed since April 2021.

How Large is 10 NEWLANDS LANE?

10 NEWLANDS LANE is 244m² according to the EPC inspection conducted in October 2017. This puts it in the largest 10% 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 NEWLANDS LANE lies on this distribution: 96% of detached houses houses are smaller than 10 NEWLANDS LANE, and 4% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

10 NEWLANDS LANE: Plot and Title Map

10 NEWLANDS LANE sits on a plot of roughly 0.140 of an acre, or 568m². The below map shows the location of 10 NEWLANDS 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 10 NEWLANDS 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 10 NEWLANDS LANE?

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