2, OLD BREWERY CLOSE, STOTFOLD, HITCHIN, SG5 4QT - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 OLD BREWERY CLOSE is a midsized detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £623,606. It was last sold for £390,000 in February 2015, which was about the average February 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was B.

2 OLD BREWERY CLOSE Sold Prices

Land registry data shows four sales for 2 OLD BREWERY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. The four 2 OLD BREWERY CLOSE sales were a mix of roughly equal to the average price, and 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
2015 26 FEB	£390,000	£389,978	Close to HPI
2007 30 NOV	£363,000	£355,640	2% above HPI
2006 11 DEC	£340,000	£326,607	4% above HPI
1998 1 SEP	£154,500	£135,955	14% above HPI

2 OLD BREWERY CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The four 2 OLD BREWERY CLOSE sales between September 1998 and February 2015 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 November 2007 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2015 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 2 OLD BREWERY CLOSE be worth now?

2 OLD BREWERY CLOSE might now be worth an estimated £623,606.

This is based on house price inflation of 59.9%, between February 2015 and February 2025, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 59.9% inflationary increase is applied to the most recent sale price for 2 OLD BREWERY CLOSE of £390,000 on 26th February 2015. For the value to have increased from £390,000 to £623,606 over the ten years to February 2025, the following assumptions must hold true:

• The value of 2 OLD BREWERY CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The February 2015 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OLD BREWERY CLOSE has not materially changed since February 2015.

How Large is 2 OLD BREWERY CLOSE?

2 OLD BREWERY CLOSE is 120m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 50% of detached houses houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stotfold, and where 2 OLD BREWERY CLOSE lies on this distribution: 44% of detached houses houses are smaller than 2 OLD BREWERY CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

2 OLD BREWERY CLOSE: Plot and Title Map

2 OLD BREWERY CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 OLD BREWERY CLOSE, 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 OLD BREWERY CLOSE). 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 OLD BREWERY CLOSE?

2 OLD BREWERY CLOSE is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 2 on OLD BREWERY CLOSE.