2, NINESPRINGS WAY, HITCHIN, SG4 9NG - £460,000

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 NINESPRINGS WAY is a small detached house of 106m², built sometime between 1950 and 1966. It was last sold for £460,000 in June 2016, which was around 27% below the average June 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

2 NINESPRINGS WAY Sold Prices

Land registry data shows four sales for 2 NINESPRINGS WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the four 2 NINESPRINGS 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
2016 22 JUN	£460,000	£627,871	27% below HPI
2002 31 JUL	£235,000	£284,410	17% below HPI
1999 15 SEP	£149,000	£193,206	23% below HPI
1997 7 FEB	£97,000	£134,176	28% below HPI

2 NINESPRINGS 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 four 2 NINESPRINGS WAY sales between February 1997 and June 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 July 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 2 NINESPRINGS WAY be worth now?

2 NINESPRINGS WAY might now be worth an estimated £580,330.

This is based on house price inflation of 26.2%, between June 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 26.2% inflationary increase is applied to the most recent sale price for 2 NINESPRINGS WAY of £460,000 on 22nd June 2016. For the value to have increased from £460,000 to £580,330 over the seven years and six months to December 2024, the following assumptions must hold true:

• The value of 2 NINESPRINGS WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The June 2016 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NINESPRINGS WAY has not materially changed since June 2016.

How Large is 2 NINESPRINGS WAY?

2 NINESPRINGS WAY is 106m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 40% 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 NINESPRINGS WAY lies on this distribution: 30% of detached houses houses are smaller than 2 NINESPRINGS WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

2 NINESPRINGS WAY: Plot and Title Map

2 NINESPRINGS WAY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 2 NINESPRINGS 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 NINESPRINGS 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 NINESPRINGS WAY?

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