16, MILL CLOSE, STOTFOLD, HITCHIN, SG5 4AB - £408,750

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

16 MILL CLOSE is a very small extended semi-detached house of 90m², built sometime between 1991 and 1995, which could now be worth an estimated £430,958. It was last sold for £408,750 in November 2022, which was around 14% above the average November 2022 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

16 MILL CLOSE Sold Prices

Land registry data shows four sales for 16 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the four 16 MILL CLOSE sales were 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
2022 18 NOV	£408,750	£359,785	14% above HPI
2019 25 JUL	£310,000	£302,665	2% above HPI
1999 2 JUL	£94,000	£82,830	13% above HPI
1996 29 FEB	£77,500	£58,569	32% above HPI

16 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four 16 MILL CLOSE sales between February 1996 and November 2022 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 July 2019 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2022 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 16 MILL CLOSE be worth now?

16 MILL CLOSE might now be worth an estimated £430,958.

This is based on house price inflation of 5.4%, between November 2022 and February 2025, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.4% inflationary increase is applied to the most recent sale price for 16 MILL CLOSE of £408,750 on 18th November 2022. For the value to have increased from £408,750 to £430,958 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 16 MILL CLOSE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The November 2022 sale price of £408,750 represented a fair market value for the property.
• The size, condition, and specification of 16 MILL CLOSE has not materially changed since November 2022.

How Large is 16 MILL CLOSE?

16 MILL CLOSE is 90m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the smallest 20% of semi-detached houses houses in Stotfold, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stotfold, and where 16 MILL CLOSE lies on this distribution: 15% of semi-detached houses houses are smaller than 16 MILL CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

16 MILL CLOSE: Plot and Title Map

16 MILL CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 16 MILL 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 16 MILL 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 16 MILL CLOSE?

16 MILL CLOSE is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 16 on MILL CLOSE.