23, HEATH LANE, CODICOTE, HITCHIN, SG4 8YE - £592,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 HEATH LANE is a very large extended detached house of 164m², built sometime between 1967 and 1975, which could now be worth an estimated £1,063,082. It was last sold for £592,500 in December 2011, which was around 37% above the average December 2011 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

23 HEATH LANE Sold Prices

Land registry data shows two sales for 23 HEATH LANE 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. One of the two 23 HEATH LANE sales was for above the average price, whilst the other was 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 9 DEC	£592,500	£432,588	37% above HPI
2007 27 SEP	£375,000	£426,654	12% below HPI

23 HEATH LANE 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 HEATH LANE sales from September 2007 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 September 2007 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2011 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 23 HEATH LANE be worth now?

23 HEATH LANE might now be worth an estimated £1,063,082.

This is based on house price inflation of 79.4%, between December 2011 and February 2025, 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 79.4% inflationary increase is applied to the most recent sale price for 23 HEATH LANE of £592,500 on 9th December 2011. For the value to have increased from £592,500 to £1,063,082 over the fourteen years and ten months to February 2025, the following assumptions must hold true:

• The value of 23 HEATH LANE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The December 2011 sale price of £592,500 represented a fair market value for the property.
• The size, condition, and specification of 23 HEATH LANE has not materially changed since December 2011.

How Large is 23 HEATH LANE?

23 HEATH LANE is 164m², which includes two extensions, according to the EPC inspection conducted in July 2011. This puts it in the largest 20% of detached houses houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Codicote, and where 23 HEATH LANE lies on this distribution: 84% of detached houses houses are smaller than 23 HEATH LANE, and 16% of houses are larger. Note that EPC data is not available for all properties in Codicote.

23 HEATH LANE: Plot and Title Map

23 HEATH LANE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 23 HEATH LANE, 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 HEATH LANE). 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 HEATH LANE?

23 HEATH LANE is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 23 on HEATH LANE.