2, NIMBUS WAY, HITCHIN, SG4 0EH - £617,500

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 NIMBUS WAY is a midsized extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £617,500 in December 2020, which was around 14% below the average December 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was C.

2 NIMBUS WAY Sold Prices

Land registry data shows three sales for 2 NIMBUS WAY 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 NIMBUS 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
2020 4 DEC	£617,500	£716,767	14% below HPI
2003 21 OCT	£250,000	£338,263	26% below HPI
1997 23 JUN	£122,000	£138,575	12% below HPI

2 NIMBUS 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 three 2 NIMBUS WAY sales between June 1997 and December 2020 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 October 2003 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the December 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 NIMBUS WAY be worth now?

2 NIMBUS WAY might now be worth an estimated £682,412.

This is based on house price inflation of 10.5%, between December 2020 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 10.5% inflationary increase is applied to the most recent sale price for 2 NIMBUS WAY of £617,500 on 4th December 2020. For the value to have increased from £617,500 to £682,412 over the four years to December 2024, the following assumptions must hold true:

• The value of 2 NIMBUS WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The December 2020 sale price of £617,500 represented a fair market value for the property.
• The size, condition, and specification of 2 NIMBUS WAY has not materially changed since December 2020.

How Large is 2 NIMBUS WAY?

2 NIMBUS WAY is 121m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 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 NIMBUS WAY lies on this distribution: 47% of detached houses houses are smaller than 2 NIMBUS WAY, and 52% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

2 NIMBUS WAY: Plot and Title Map

2 NIMBUS WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 NIMBUS 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 2 NIMBUS 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 2 NIMBUS WAY?

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