15, TITHE CLOSE, CODICOTE, HITCHIN, SG4 8UX - £217,000

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 TITHE CLOSE is a midsized detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £868,217. It was last sold for £217,000 in December 1999, which was around 10% above the average December 1999 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was C.

15 TITHE CLOSE Sold Prices

Land registry data shows two sales for 15 TITHE CLOSE 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. One of the two 15 TITHE CLOSE sales was for above the average price, whilst the other 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
1999 17 DEC	£217,000	£197,979	10% above HPI
1996 27 AUG	£125,000	£132,368	6% below HPI

15 TITHE CLOSE 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 15 TITHE CLOSE sales from August 1996 and December 1999 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 August 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the December 1999 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 15 TITHE CLOSE be worth now?

15 TITHE CLOSE might now be worth an estimated £868,217.

This is based on house price inflation of 300.1%, between December 1999 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 300.1% inflationary increase is applied to the most recent sale price for 15 TITHE CLOSE of £217,000 on 17th December 1999. For the value to have increased from £217,000 to £868,217 over the 25 years to December 2024, the following assumptions must hold true:

• The value of 15 TITHE CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The December 1999 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TITHE CLOSE has not materially changed since December 1999.

How Large is 15 TITHE CLOSE?

15 TITHE CLOSE is 127m² according to the EPC inspection conducted in January 2019. This puts it in the largest 50% 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 TITHE CLOSE lies on this distribution: 54% of detached houses houses are smaller than 15 TITHE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Codicote.

15 TITHE CLOSE: Plot and Title Map

15 TITHE CLOSE sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 15 TITHE CLOSE, 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 TITHE CLOSE). 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 TITHE CLOSE?

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