23, LANCASTER AVENUE, HITCHIN, SG5 1PA - £225,000

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 LANCASTER AVENUE is a midsized semi-detached house of 132m², built sometime between 1900 and 1929, which could now be worth an estimated £704,395. It was last sold for £225,000 in May 2002, which was around 49% above the average May 2002 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

23 LANCASTER AVENUE Sold Prices

Land registry data shows two sales for 23 LANCASTER AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 23 LANCASTER AVENUE sales 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
2002 24 MAY	£225,000	£150,689	49% above HPI
1997 15 JUL	£92,000	£80,070	15% above HPI

23 LANCASTER AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 23 LANCASTER AVENUE sales from July 1997 and May 2002 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 July 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the May 2002 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 23 LANCASTER AVENUE be worth now?

23 LANCASTER AVENUE might now be worth an estimated £704,395.

This is based on house price inflation of 213.1%, between May 2002 and December 2024, for semi-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 213.1% inflationary increase is applied to the most recent sale price for 23 LANCASTER AVENUE of £225,000 on 24th May 2002. For the value to have increased from £225,000 to £704,395 over the 21 years and five months to December 2024, the following assumptions must hold true:

• The value of 23 LANCASTER AVENUE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The May 2002 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LANCASTER AVENUE has not materially changed since May 2002.

How Large is 23 LANCASTER AVENUE?

23 LANCASTER AVENUE is 132m² according to the EPC inspection conducted in May 2015. This puts it in the largest 50% of semi-detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hitchin, and where 23 LANCASTER AVENUE lies on this distribution: 57% of semi-detached houses houses are smaller than 23 LANCASTER AVENUE, and 42% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

23 LANCASTER AVENUE: Plot and Title Map

23 LANCASTER AVENUE sits on a plot of roughly 0.104 of an acre, or 421m². The below map shows the location of 23 LANCASTER AVENUE, 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 LANCASTER AVENUE). 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 LANCASTER AVENUE?

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