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

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 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 21% 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	£581,534	21% below HPI
2002 31 JUL	£235,000	£263,420	11% below HPI
1999 15 SEP	£149,000	£178,947	17% below HPI
1997 7 FEB	£97,000	£124,274	22% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the June 2016 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

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 in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 2 NINESPRINGS WAY lies on this distribution: 30% of detached houses are smaller than 2 NINESPRINGS WAY, and 69% 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.