15, TRAHERNE CLOSE, HITCHIN, SG4 9DS - £270,000

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 TRAHERNE CLOSE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £270,000 in April 2008, which was around 37% below the average April 2008 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was C, and the potential energy rating was B.

15 TRAHERNE CLOSE Sold Prices

Land registry data shows two sales for 15 TRAHERNE 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. Both of the two 15 TRAHERNE CLOSE 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
2008 18 APR	£270,000	£427,701	37% below HPI
2006 9 OCT	£195,000	£408,805	52% below HPI

15 TRAHERNE 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 TRAHERNE CLOSE sales from October 2006 and April 2008 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 October 2006 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the April 2008 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 15 TRAHERNE CLOSE be worth now?

15 TRAHERNE CLOSE might now be worth an estimated £500,047.

This is based on house price inflation of 85.2%, between April 2008 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 85.2% inflationary increase is applied to the most recent sale price for 15 TRAHERNE CLOSE of £270,000 on 18th April 2008. For the value to have increased from £270,000 to £500,047 over the fifteen years and four months to December 2024, the following assumptions must hold true:

• The value of 15 TRAHERNE CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The April 2008 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 15 TRAHERNE CLOSE has not materially changed since April 2008.

How Large is 15 TRAHERNE CLOSE?

15 TRAHERNE CLOSE is 61m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% 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 TRAHERNE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 15 TRAHERNE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

15 TRAHERNE CLOSE: Plot and Title Map

15 TRAHERNE CLOSE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 15 TRAHERNE 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 TRAHERNE 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 TRAHERNE CLOSE?

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