12, PALMERSTON WAY, STOTFOLD, HITCHIN, SG5 4FP - £375,000

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

12 PALMERSTON WAY is a very small detached house of 90m², built sometime between 2003 and 2006. It was last sold for £375,000 in July 2015, which was around 4% below the average July 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was C, and the potential energy rating was B.

12 PALMERSTON WAY Sold Prices

Land registry data shows three sales for 12 PALMERSTON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 12 PALMERSTON WAY 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
2015 17 JUL	£375,000	£392,492	4% below HPI
2007 11 JUL	£250,000	£331,509	25% below HPI
2005 27 MAY	£245,000	£288,420	15% below HPI

12 PALMERSTON WAY 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 three 12 PALMERSTON WAY sales between May 2005 and July 2015 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 2007 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 12 PALMERSTON WAY?

12 PALMERSTON WAY is 90m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 20% of detached houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses by size in Stotfold, and where 12 PALMERSTON WAY lies on this distribution: 15% of detached houses are smaller than 12 PALMERSTON WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

12 PALMERSTON WAY: Plot and Title Map

12 PALMERSTON WAY sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 12 PALMERSTON WAY, 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 PALMERSTON WAY). 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 PALMERSTON WAY?

12 PALMERSTON WAY is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 12 on PALMERSTON WAY.