178, OLD HALE WAY, HITCHIN, SG5 1XT - £670,000

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

178 OLD HALE WAY is a small extended detached house of 102m², built sometime between 1950 and 1966. It was last sold for £670,000 in March 2022, which was around 10% below the average March 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was C.

178 OLD HALE WAY Sold Prices

Land registry data shows two sales for 178 OLD HALE WAY 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 178 OLD HALE WAY 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
2022 31 MAR	£670,000	£743,170	10% below HPI
1995 31 JUL	£100,000	£128,344	22% below HPI

178 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 two 178 OLD HALE WAY sales from July 1995 and March 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 1995 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 178 OLD HALE WAY be worth now?

178 OLD HALE WAY might now be worth an estimated £714,125.

This is based on house price inflation of 6.6%, between March 2022 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 6.6% inflationary increase is applied to the most recent sale price for 178 OLD HALE WAY of £670,000 on 31st March 2022. For the value to have increased from £670,000 to £714,125 over the one year and three months to December 2024, the following assumptions must hold true:

• The value of 178 OLD HALE WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The March 2022 sale price of £670,000 represented a fair market value for the property.
• The size, condition, and specification of 178 OLD HALE WAY has not materially changed since March 2022.

How Large is 178 OLD HALE WAY?

178 OLD HALE WAY is 102m², which includes one extension, according to the EPC inspection conducted in October 2021. 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 178 OLD HALE WAY lies on this distribution: 26% of detached houses houses are smaller than 178 OLD HALE WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

178 OLD HALE WAY: Plot and Title Map

178 OLD HALE WAY sits on a plot of roughly 0.126 of an acre, or 508m². The below map shows the location of 178 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 178 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 178 OLD HALE WAY?

178 OLD HALE WAY is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 178 on OLD HALE WAY.