2, HALF ACRE, HITCHIN, SG5 2XL - £1,098,750

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

2 HALF ACRE is a very large extended detached house of 219m², built sometime between 1996 and 2002. It was last sold for £1,098,750 in October 2021, which was around 63% above the average October 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was C.

2 HALF ACRE Sold Prices

Land registry data shows three sales for 2 HALF ACRE 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. All of the three 2 HALF ACRE sales were for above 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
2021 15 OCT	£1,098,750	£675,970	63% above HPI
2012 10 FEB	£661,500	£410,147	61% above HPI
1998 21 MAY	£299,950	£151,531	98% above HPI

2 HALF ACRE 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 HALF ACRE sales between May 1998 and October 2021 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 February 2012 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the October 2021 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is 2 HALF ACRE?

2 HALF ACRE is 219m², which includes two extensions, according to the EPC inspection conducted in January 2021. This puts it in the largest 10% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 2 HALF ACRE lies on this distribution: 93% of detached houses are smaller than 2 HALF ACRE, and 7% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

2 HALF ACRE: Plot and Title Map

2 HALF ACRE sits on a plot of roughly 0.148 of an acre, or 600m². The below map shows the location of 2 HALF ACRE, 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 HALF ACRE). 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 HALF ACRE?

2 HALF ACRE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 2 on HALF ACRE.