23, GRANGE CLOSE, HITCHIN, SG4 9HD - £707,500

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 GRANGE CLOSE is a midsized extended detached house of 122m², built sometime between 1976 and 1982. It was last sold for £707,500 in February 2022, which was around 5% below the average February 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

23 GRANGE CLOSE Sold Prices

Land registry data shows three sales for 23 GRANGE 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. All of the three 23 GRANGE CLOSE 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
2022 3 FEB	£707,500	£746,703	5% below HPI
2001 2 NOV	£239,950	£259,282	7% below HPI
1997 7 FEB	£114,000	£134,176	15% below HPI

23 GRANGE 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 23 GRANGE CLOSE sales between February 1997 and February 2022 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 November 2001 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2022 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 23 GRANGE CLOSE be worth now?

23 GRANGE CLOSE might now be worth an estimated £750,527.

This is based on house price inflation of 6.1%, between February 2022 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 6.1% inflationary increase is applied to the most recent sale price for 23 GRANGE CLOSE of £707,500 on 3rd February 2022. For the value to have increased from £707,500 to £750,527 over the one year and two months to December 2024, the following assumptions must hold true:

• The value of 23 GRANGE CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2022 sale price of £707,500 represented a fair market value for the property.
• The size, condition, and specification of 23 GRANGE CLOSE has not materially changed since February 2022.

How Large is 23 GRANGE CLOSE?

23 GRANGE CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the smallest 50% 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 GRANGE CLOSE lies on this distribution: 48% of detached houses houses are smaller than 23 GRANGE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

23 GRANGE CLOSE: Plot and Title Map

23 GRANGE CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 23 GRANGE 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 23 GRANGE 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 23 GRANGE CLOSE?

23 GRANGE CLOSE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 23 on GRANGE CLOSE.