12, ROE CLOSE, STOTFOLD, HITCHIN, SG5 4HX - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 ROE CLOSE is a very small detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £478,586. It was last sold for £390,000 in March 2021, which was around 23% below the average March 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was B.

12 ROE CLOSE Sold Prices

Land registry data shows two sales for 12 ROE 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 12 ROE 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
2021 12 MAR	£390,000	£508,148	23% below HPI
2017 13 JAN	£340,000	£490,852	31% below HPI

12 ROE 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 two 12 ROE CLOSE sales from January 2017 and March 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 January 2017 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the March 2021 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 12 ROE CLOSE be worth now?

12 ROE CLOSE might now be worth an estimated £478,586.

This is based on house price inflation of 22.7%, between March 2021 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for 12 ROE CLOSE of £390,000 on 12th March 2021. For the value to have increased from £390,000 to £478,586 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 12 ROE CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The March 2021 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 12 ROE CLOSE has not materially changed since March 2021.

How Large is 12 ROE CLOSE?

12 ROE CLOSE is 65m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stotfold, and where 12 ROE CLOSE lies on this distribution: 2% of detached houses houses are smaller than 12 ROE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

12 ROE CLOSE: Plot and Title Map

12 ROE CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 12 ROE 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 ROE 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 ROE CLOSE?

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