23, LAVENDER WAY, HITCHIN, SG5 2LU - £465,000

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

23 LAVENDER WAY is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £465,000 in March 2015, which was around 4% below the average March 2015 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2024, where the current energy rating was C, and the potential energy rating was B.

23 LAVENDER WAY Sold Prices

Land registry data shows two sales for 23 LAVENDER WAY 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 LAVENDER WAY 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
2015 23 MAR	£465,000	£486,319	4% below HPI
2002 29 AUG	£200,000	£273,420	27% below HPI

23 LAVENDER WAY 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 LAVENDER WAY sales from August 2002 and March 2015 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 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2015 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 23 LAVENDER WAY?

23 LAVENDER WAY is 140m², which includes one extension, according to the EPC inspection conducted in August 2024. This puts it in the largest 40% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 23 LAVENDER WAY lies on this distribution: 64% of detached houses are smaller than 23 LAVENDER WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

23 LAVENDER WAY: Plot and Title Map

23 LAVENDER WAY sits on a plot of roughly 0.110 of an acre, or 443m². The below map shows the location of 23 LAVENDER WAY, 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 LAVENDER WAY). 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 LAVENDER WAY?

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