2, VICTORIA DRIVE, STOTFOLD, HITCHIN, SG5 4PY - £410,000

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 VICTORIA DRIVE is a very small detached house of 80m², built sometime between 1991 and 1995. It was last sold for £410,000 in January 2018, which was around 18% below the average January 2018 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

2 VICTORIA DRIVE Sold Prices

Land registry data shows three sales for 2 VICTORIA DRIVE 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. All of the three 2 VICTORIA DRIVE 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
2018 24 JAN	£410,000	£498,986	18% below HPI
2004 17 MAR	£249,950	£274,462	9% below HPI
1999 2 JUL	£132,000	£141,935	7% below HPI

2 VICTORIA DRIVE 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 VICTORIA DRIVE sales between July 1999 and January 2018 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 March 2004 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2018 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 2 VICTORIA DRIVE?

2 VICTORIA DRIVE is 80m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% 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 VICTORIA DRIVE lies on this distribution: 10% of detached houses are smaller than 2 VICTORIA DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

2 VICTORIA DRIVE: Plot and Title Map

2 VICTORIA DRIVE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 2 VICTORIA DRIVE, 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 VICTORIA DRIVE). 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 VICTORIA DRIVE?

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