11, LUCAS LANE, ASHWELL, BALDOCK, SG7 5LN - £595,000

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

11 LUCAS LANE is a small extended semi-detached house of 115m², built sometime between 1950 and 1966, which could now be worth an estimated £619,901. It was last sold for £595,000 in September 2022, which was around 31% above the average September 2022 semi-detached price in the North Hertfordshire 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.

11 LUCAS LANE Sold Prices

Land registry data shows three sales for 11 LUCAS LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 11 LUCAS 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
2022 23 SEP	£595,000	£452,804	31% above HPI
2006 1 DEC	£350,000	£241,113	45% above HPI
2002 27 SEP	£227,500	£166,282	37% above HPI

11 LUCAS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 11 LUCAS LANE sales between September 2002 and September 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 December 2006 sale was for 45% above the HPI. So the extrapolation line tracks at 45% above the HPI over time, until the September 2022 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 11 LUCAS LANE be worth now?

11 LUCAS LANE might now be worth an estimated £619,901.

This is based on house price inflation of 4.2%, between September 2022 and December 2024, for semi-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 4.2% inflationary increase is applied to the most recent sale price for 11 LUCAS LANE of £595,000 on 23rd September 2022. For the value to have increased from £595,000 to £619,901 over the one year and nine months to December 2024, the following assumptions must hold true:

• The value of 11 LUCAS LANE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The September 2022 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of 11 LUCAS LANE has not materially changed since September 2022.

How Large is 11 LUCAS LANE?

11 LUCAS LANE is 115m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the smallest 30% of semi-detached houses houses in Ashwell, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ashwell, and where 11 LUCAS LANE lies on this distribution: 24% of semi-detached houses houses are smaller than 11 LUCAS LANE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ashwell.

11 LUCAS LANE: Plot and Title Map

11 LUCAS LANE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 11 LUCAS 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 11 LUCAS 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 11 LUCAS LANE?

11 LUCAS LANE is located in ASHWELL, in the SG7 postcode district. The below map shows the position of No. 11 on LUCAS LANE.