2, ACRE PIECE, HITCHIN, SG4 9HJ - £635,000

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

2 ACRE PIECE is a midsized extended detached house of 130m², built sometime between 1991 and 1995. It was last sold for £635,000 in July 2016, which was about the average July 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

2 ACRE PIECE Sold Prices

Land registry data shows three sales for 2 ACRE PIECE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. The three 2 ACRE PIECE sales were a mix of roughly equal to the average price, above the average price, and 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
2016 29 JUL	£635,000	£634,247	Close to HPI
2005 5 SEP	£342,000	£372,452	8% below HPI
1997 29 AUG	£160,000	£150,213	7% above HPI

2 ACRE PIECE 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 three 2 ACRE PIECE sales between August 1997 and July 2016 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 September 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the July 2016 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 ACRE PIECE be worth now?

2 ACRE PIECE might now be worth an estimated £793,054.

This is based on house price inflation of 24.9%, between July 2016 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 24.9% inflationary increase is applied to the most recent sale price for 2 ACRE PIECE of £635,000 on 29th July 2016. For the value to have increased from £635,000 to £793,054 over the seven years and seven months to December 2024, the following assumptions must hold true:

• The value of 2 ACRE PIECE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The July 2016 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ACRE PIECE has not materially changed since July 2016.

How Large is 2 ACRE PIECE?

2 ACRE PIECE is 130m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% 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 2 ACRE PIECE lies on this distribution: 55% of detached houses houses are smaller than 2 ACRE PIECE, and 44% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

2 ACRE PIECE: Plot and Title Map

2 ACRE PIECE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 2 ACRE PIECE, 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 2 ACRE PIECE). 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 2 ACRE PIECE?

2 ACRE PIECE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 2 on ACRE PIECE.