20, THE RIDGEWAY, HITCHIN, SG5 2BT - £577,500

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

20 THE RIDGEWAY is a very small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £577,500 in April 2019, which was around 5% below the average April 2019 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

20 THE RIDGEWAY Sold Prices

Land registry data shows three sales for 20 THE RIDGEWAY 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. One of the three 20 THE RIDGEWAY sales was for below the average price, whilst two were for 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
2019 25 APR	£577,500	£608,683	5% below HPI
2015 7 AUG	£550,000	£531,537	3% above HPI
1999 15 MAR	£160,000	£157,464	2% above HPI

20 THE RIDGEWAY 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 20 THE RIDGEWAY sales between March 1999 and April 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 August 2015 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the April 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 20 THE RIDGEWAY?

20 THE RIDGEWAY is 94m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 20 THE RIDGEWAY lies on this distribution: 18% of detached houses are smaller than 20 THE RIDGEWAY, and 81% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

20 THE RIDGEWAY: Plot and Title Map

20 THE RIDGEWAY sits on a plot of roughly 0.180 of an acre, or 728m². The below map shows the location of 20 THE RIDGEWAY, 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 20 THE RIDGEWAY). 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 20 THE RIDGEWAY?

20 THE RIDGEWAY is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 20 on THE RIDGEWAY.