23, BALMORAL ROAD, HITCHIN, SG5 1XG - £405,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 BALMORAL ROAD is a small detached house of 110m², built sometime between 2003 and 2006. It was last sold for £405,000 in December 2011, which was around 6% below the average December 2011 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

23 BALMORAL ROAD Sold Prices

Land registry data shows two sales for 23 BALMORAL ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 23 BALMORAL ROAD 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
2011 2 DEC	£405,000	£432,588	6% below HPI
2000 28 JAN	£115,000	£205,984	44% below HPI

23 BALMORAL ROAD 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 two 23 BALMORAL ROAD sales from January 2000 and December 2011 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 January 2000 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2011 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 23 BALMORAL ROAD be worth now?

23 BALMORAL ROAD might now be worth an estimated £741,597.

This is based on house price inflation of 83.1%, between December 2011 and December 2024, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 83.1% inflationary increase is applied to the most recent sale price for 23 BALMORAL ROAD of £405,000 on 2nd December 2011. For the value to have increased from £405,000 to £741,597 over the thirteen years to December 2024, the following assumptions must hold true:

• The value of 23 BALMORAL ROAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The December 2011 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 23 BALMORAL ROAD has not materially changed since December 2011.

How Large is 23 BALMORAL ROAD?

23 BALMORAL ROAD is 110m² according to the EPC inspection conducted in November 2011. This puts it in the smallest 40% of detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hitchin, and where 23 BALMORAL ROAD lies on this distribution: 34% of detached houses houses are smaller than 23 BALMORAL ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

23 BALMORAL ROAD: Plot and Title Map

23 BALMORAL ROAD sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 23 BALMORAL ROAD, 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 23 BALMORAL ROAD). 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 23 BALMORAL ROAD?

23 BALMORAL ROAD is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 23 on BALMORAL ROAD.