1B, PURWELL LANE, HITCHIN, SG4 0NE - £399,995

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1B PURWELL LANE is a large extended detached house of 141m², built sometime between 1950 and 1966. It was last sold for £399,995 in October 2013, which was around 6% below the average October 2013 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

1B PURWELL LANE Sold Prices

Land registry data shows two sales for 1B PURWELL LANE 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 1B PURWELL LANE 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
2013 16 OCT	£399,995	£427,085	6% below HPI
1999 30 APR	£75,000	£157,531	52% below HPI

1B PURWELL LANE 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 1B PURWELL LANE sales from April 1999 and October 2013 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 April 1999 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the October 2013 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1B PURWELL LANE?

1B PURWELL LANE is 141m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 1B PURWELL LANE lies on this distribution: 64% of detached houses are smaller than 1B PURWELL LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

1B PURWELL LANE: Plot and Title Map

1B PURWELL LANE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 1B PURWELL LANE, 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 1B PURWELL LANE). 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 1B PURWELL LANE?

1B PURWELL LANE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 1B on PURWELL LANE.