2, THE GREEN, STOTFOLD, HITCHIN, SG5 4AN - £505,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 THE GREEN is a large extended detached house of 149m², built sometime between 1950 and 1966. It was last sold for £505,000 in May 2019, which was around 4% above the average May 2019 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

2 THE GREEN Sold Prices

Land registry data shows three sales for 2 THE GREEN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. One of the three 2 THE GREEN sales was for above the average price, whilst two 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
2019 29 MAY	£505,000	£486,698	4% above HPI
1997 31 JUL	£91,995	£114,327	20% below HPI
1997 10 JAN	£77,000	£103,713	26% below HPI

2 THE GREEN 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 three 2 THE GREEN sales between January 1997 and May 2019 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 1997 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2019 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 2 THE GREEN?

2 THE GREEN is 149m², which includes two extensions, according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses by size in Stotfold, and where 2 THE GREEN lies on this distribution: 72% of detached houses are smaller than 2 THE GREEN, and 28% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

2 THE GREEN: Plot and Title Map

2 THE GREEN sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 2 THE GREEN, 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 THE GREEN). 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 THE GREEN?

2 THE GREEN is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 2 on THE GREEN.