15, OLD HALE WAY, HITCHIN, SG5 1XJ - £440,000

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 OLD HALE WAY is a small extended detached house of 105m², built sometime between 1930 and 1949. It was last sold for £440,000 in May 2012, which was around 1% above the average May 2012 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was E, and the potential energy rating was D.

15 OLD HALE WAY Sold Prices

Land registry data shows three sales for 15 OLD HALE WAY 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. Two of the three 15 OLD HALE WAY sales were for above the average price, whilst one was 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
2012 11 MAY	£440,000	£437,189	1% above HPI
2007 16 FEB	£426,250	£411,410	4% above HPI
1999 9 AUG	£165,000	£188,663	13% below HPI

15 OLD HALE WAY 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 OLD HALE WAY sales between August 1999 and May 2012 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 February 2007 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2012 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 15 OLD HALE WAY be worth now?

15 OLD HALE WAY might now be worth an estimated £797,207.

This is based on house price inflation of 81.2%, between May 2012 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 81.2% inflationary increase is applied to the most recent sale price for 15 OLD HALE WAY of £440,000 on 11th May 2012. For the value to have increased from £440,000 to £797,207 over the eleven years and five months to December 2024, the following assumptions must hold true:

• The value of 15 OLD HALE WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The May 2012 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 15 OLD HALE WAY has not materially changed since May 2012.

How Large is 15 OLD HALE WAY?

15 OLD HALE WAY is 105m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 30% of detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hitchin, and where 15 OLD HALE WAY lies on this distribution: 30% of detached houses houses are smaller than 15 OLD HALE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

15 OLD HALE WAY: Plot and Title Map

15 OLD HALE WAY sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 15 OLD HALE WAY, 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 OLD HALE WAY). 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 OLD HALE WAY?

15 OLD HALE WAY is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 15 on OLD HALE WAY.