2, TITHE CLOSE, CODICOTE, HITCHIN, SG4 8UX - £408,000

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 TITHE CLOSE is a very small extended detached house of 83m², built sometime between 1967 and 1975. It was last sold for £408,000 in July 2013, which was about the average July 2013 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

2 TITHE CLOSE Sold Prices

Land registry data shows three sales for 2 TITHE CLOSE 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. The three 2 TITHE CLOSE sales were a mix of roughly equal to the average price, and 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
2013 18 JUL	£408,000	£406,175	Close to HPI
2004 8 OCT	£287,500	£343,461	16% below HPI
1999 20 AUG	£137,000	£174,740	22% below HPI

2 TITHE CLOSE 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 TITHE CLOSE sales between August 1999 and July 2013 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 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2013 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 2 TITHE CLOSE?

2 TITHE CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses by size in Codicote, and where 2 TITHE CLOSE lies on this distribution: 7% of detached houses are smaller than 2 TITHE CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Codicote.

2 TITHE CLOSE: Plot and Title Map

2 TITHE CLOSE sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 2 TITHE 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 TITHE 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 TITHE CLOSE?

2 TITHE CLOSE is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 2 on TITHE CLOSE.