14, THE RIDGEWAY, CODICOTE, HITCHIN, SG4 8YP - £427,500

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

14 THE RIDGEWAY is a small extended semi-detached house of 112m², built sometime between 1950 and 1966, which could now be worth an estimated £481,204. It was last sold for £427,500 in October 2018, which was around 4% above the average October 2018 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2018, where the current energy rating was D, and the potential energy rating was B.

14 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 14 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 14 THE RIDGEWAY 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
2018 12 OCT	£427,500	£410,036	4% above HPI
2002 3 JUL	£222,500	£158,081	41% above HPI

14 THE RIDGEWAY 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 two 14 THE RIDGEWAY sales from July 2002 and October 2018 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 2002 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the October 2018 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 14 THE RIDGEWAY be worth now?

14 THE RIDGEWAY might now be worth an estimated £481,204.

This is based on house price inflation of 12.6%, between October 2018 and February 2025, 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 12.6% inflationary increase is applied to the most recent sale price for 14 THE RIDGEWAY of £427,500 on 12th October 2018. For the value to have increased from £427,500 to £481,204 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 THE RIDGEWAY has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The October 2018 sale price of £427,500 represented a fair market value for the property.
• The size, condition, and specification of 14 THE RIDGEWAY has not materially changed since October 2018.

How Large is 14 THE RIDGEWAY?

14 THE RIDGEWAY is 112m², which includes two extensions, according to the EPC inspection conducted in January 2018. This puts it in the smallest 40% of semi-detached houses houses in Codicote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Codicote, and where 14 THE RIDGEWAY lies on this distribution: 33% of semi-detached houses houses are smaller than 14 THE RIDGEWAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Codicote.

14 THE RIDGEWAY: Plot and Title Map

14 THE RIDGEWAY sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 14 THE RIDGEWAY, 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 14 THE RIDGEWAY). 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 14 THE RIDGEWAY?

14 THE RIDGEWAY is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 14 on THE RIDGEWAY.