16, SHELLEY CLOSE, HITCHIN, SG4 0PW - £345,000

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

16 SHELLEY CLOSE is a small detached house of 101m², built sometime between 1950 and 1966. It was last sold for £345,000 in August 2007, which was around 19% below the average August 2007 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was C, and the potential energy rating was B.

16 SHELLEY CLOSE Sold Prices

Land registry data shows two sales for 16 SHELLEY 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 16 SHELLEY 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
2007 9 AUG	£345,000	£424,479	19% below HPI
1999 20 AUG	£175,000	£188,663	7% below HPI

16 SHELLEY 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 16 SHELLEY CLOSE sales from August 1999 and August 2007 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 1999 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2007 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 16 SHELLEY CLOSE be worth now?

16 SHELLEY CLOSE might now be worth an estimated £643,799.

This is based on house price inflation of 86.6%, between August 2007 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 86.6% inflationary increase is applied to the most recent sale price for 16 SHELLEY CLOSE of £345,000 on 9th August 2007. For the value to have increased from £345,000 to £643,799 over the sixteen years and eight months to December 2024, the following assumptions must hold true:

• The value of 16 SHELLEY CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The August 2007 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SHELLEY CLOSE has not materially changed since August 2007.

How Large is 16 SHELLEY CLOSE?

16 SHELLEY CLOSE is 101m² according to the EPC inspection conducted in December 2015. 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 16 SHELLEY CLOSE lies on this distribution: 25% of detached houses houses are smaller than 16 SHELLEY CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

16 SHELLEY CLOSE: Plot and Title Map

16 SHELLEY CLOSE sits on a plot of roughly 0.125 of an acre, or 504m². The below map shows the location of 16 SHELLEY 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 SHELLEY 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 SHELLEY CLOSE?

16 SHELLEY CLOSE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 16 on SHELLEY CLOSE.