15, OAKFIELD AVENUE, HITCHIN, SG4 9JB - £400,000

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.

15 OAKFIELD AVENUE is a very small semi-detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £462,537. It was last sold for £400,000 in January 2020, which was about the average January 2020 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

15 OAKFIELD AVENUE Sold Prices

Land registry data shows two sales for 15 OAKFIELD AVENUE 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. One of the two 15 OAKFIELD AVENUE sales was roughly equal to the average price, whilst the other was 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
2020 10 JAN	£400,000	£399,143	Close to HPI
2001 11 DEC	£167,000	£141,578	18% above HPI

15 OAKFIELD AVENUE 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 15 OAKFIELD AVENUE sales from December 2001 and January 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 December 2001 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the January 2020 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 15 OAKFIELD AVENUE be worth now?

15 OAKFIELD AVENUE might now be worth an estimated £462,537.

This is based on house price inflation of 15.6%, between January 2020 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 15.6% inflationary increase is applied to the most recent sale price for 15 OAKFIELD AVENUE of £400,000 on 10th January 2020. For the value to have increased from £400,000 to £462,537 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 15 OAKFIELD AVENUE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The January 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OAKFIELD AVENUE has not materially changed since January 2020.

How Large is 15 OAKFIELD AVENUE?

15 OAKFIELD AVENUE is 87m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 20% of semi-detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hitchin, and where 15 OAKFIELD AVENUE lies on this distribution: 13% of semi-detached houses houses are smaller than 15 OAKFIELD AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

15 OAKFIELD AVENUE: Plot and Title Map

15 OAKFIELD AVENUE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 15 OAKFIELD AVENUE, 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 OAKFIELD AVENUE). 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 OAKFIELD AVENUE?

15 OAKFIELD AVENUE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 15 on OAKFIELD AVENUE.