12, LOVELL CLOSE, HITCHIN, SG4 9LB - £875,000

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

12 LOVELL CLOSE is a large extended detached house of 160m², built sometime between 1967 and 1975, which could now be worth an estimated £942,589. It was last sold for £875,000 in April 2024, which was around 19% above the average April 2024 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was C.

12 LOVELL CLOSE Sold Prices

Land registry data shows two sales for 12 LOVELL 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 12 LOVELL CLOSE 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 5 APR	£875,000	£735,315	19% above HPI
2018 20 JUL	£721,000	£686,854	5% above HPI

12 LOVELL 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 12 LOVELL CLOSE sales from July 2018 and April 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 July 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the April 2024 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 12 LOVELL CLOSE be worth now?

12 LOVELL CLOSE might now be worth an estimated £942,589.

This is based on house price inflation of 7.7%, between April 2024 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 7.7% inflationary increase is applied to the most recent sale price for 12 LOVELL CLOSE of £875,000 on 5th April 2024. For the value to have increased from £875,000 to £942,589 over the four months to December 2024, the following assumptions must hold true:

• The value of 12 LOVELL CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The April 2024 sale price of £875,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LOVELL CLOSE has not materially changed since April 2024.

How Large is 12 LOVELL CLOSE?

12 LOVELL CLOSE is 160m², which includes two extensions, according to the EPC inspection conducted in November 2023. This puts it in the largest 30% 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 12 LOVELL CLOSE lies on this distribution: 75% of detached houses houses are smaller than 12 LOVELL CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

12 LOVELL CLOSE: Plot and Title Map

12 LOVELL CLOSE sits on a plot of roughly 0.144 of an acre, or 583m². The below map shows the location of 12 LOVELL 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 12 LOVELL 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 12 LOVELL CLOSE?

12 LOVELL CLOSE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 12 on LOVELL CLOSE.