14, THE RIDGEWAY, HITCHIN, SG5 2BT - £505,000

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

14 THE RIDGEWAY is a midsized extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £505,000 in May 2015, which was around 1% above the average May 2015 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2014, 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 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
2015 15 MAY	£505,000	£497,850	1% above HPI
2014 5 SEP	£478,250	£467,525	2% above HPI

14 THE RIDGEWAY 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 14 THE RIDGEWAY sales from September 2014 and May 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 September 2014 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2015 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 14 THE RIDGEWAY?

14 THE RIDGEWAY is 129m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 50% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 14 THE RIDGEWAY lies on this distribution: 54% of detached houses are smaller than 14 THE RIDGEWAY, and 45% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

14 THE RIDGEWAY: Plot and Title Map

14 THE RIDGEWAY sits on a plot of roughly 0.245 of an acre, or 990m². 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 HITCHIN, in the SG5 postcode district. The below map shows the position of No. 14 on THE RIDGEWAY.