15, HILLSIDE, CODICOTE, HITCHIN, SG4 8XZ - £472,500

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

15 HILLSIDE is a large extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £549,923. It was last sold for £472,500 in February 2020, which was around 31% below the average February 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

15 HILLSIDE Sold Prices

Land registry data shows three sales for 15 HILLSIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 15 HILLSIDE 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
2020 7 FEB	£472,500	£680,593	31% below HPI
2012 26 SEP	£345,000	£445,622	23% below HPI
1997 28 APR	£129,000	£134,062	4% below HPI

15 HILLSIDE 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 three 15 HILLSIDE sales between April 1997 and February 2020 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 2012 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the February 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 15 HILLSIDE be worth now?

15 HILLSIDE might now be worth an estimated £549,923.

This is based on house price inflation of 16.4%, between February 2020 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 16.4% inflationary increase is applied to the most recent sale price for 15 HILLSIDE of £472,500 on 7th February 2020. For the value to have increased from £472,500 to £549,923 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 15 HILLSIDE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2020 sale price of £472,500 represented a fair market value for the property.
• The size, condition, and specification of 15 HILLSIDE has not materially changed since February 2020.

How Large is 15 HILLSIDE?

15 HILLSIDE is 138m², which includes two extensions, according to the EPC inspection conducted in August 2024. This puts it in the largest 40% of detached houses houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Codicote, and where 15 HILLSIDE lies on this distribution: 65% of detached houses houses are smaller than 15 HILLSIDE, and 35% of houses are larger. Note that EPC data is not available for all properties in Codicote.

15 HILLSIDE: Plot and Title Map

15 HILLSIDE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 15 HILLSIDE, 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 15 HILLSIDE). 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 15 HILLSIDE?

15 HILLSIDE is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 15 on HILLSIDE.