18, HAWTHORN CLOSE, HITCHIN, SG5 2BP - £225,000

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

18 HAWTHORN CLOSE is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £225,000 in November 2002, which was around 26% below the average November 2002 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

18 HAWTHORN CLOSE Sold Prices

Land registry data shows two sales for 18 HAWTHORN 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 18 HAWTHORN 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
2002 1 NOV	£225,000	£304,851	26% below HPI
1996 12 NOV	£90,000	£132,523	32% below HPI

18 HAWTHORN 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 18 HAWTHORN CLOSE sales from November 1996 and November 2002 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 November 1996 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the November 2002 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 18 HAWTHORN CLOSE be worth now?

18 HAWTHORN CLOSE might now be worth an estimated £584,632.

This is based on house price inflation of 159.8%, between November 2002 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 159.8% inflationary increase is applied to the most recent sale price for 18 HAWTHORN CLOSE of £225,000 on 1st November 2002. For the value to have increased from £225,000 to £584,632 over the 21 years and eleven months to December 2024, the following assumptions must hold true:

• The value of 18 HAWTHORN CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The November 2002 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HAWTHORN CLOSE has not materially changed since November 2002.

How Large is 18 HAWTHORN CLOSE?

18 HAWTHORN CLOSE is 74m² according to the EPC inspection conducted in December 2013. 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 18 HAWTHORN CLOSE lies on this distribution: 4% of detached houses houses are smaller than 18 HAWTHORN CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

18 HAWTHORN CLOSE: Plot and Title Map

18 HAWTHORN CLOSE sits on a plot of roughly 0.111 of an acre, or 450m². The below map shows the location of 18 HAWTHORN 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 18 HAWTHORN 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 18 HAWTHORN CLOSE?

18 HAWTHORN CLOSE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 18 on HAWTHORN CLOSE.