23, LAVENDER WAY, HITCHIN, SG5 2LU - £855,000

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 LAVENDER WAY is a large extended detached house of 140m², built sometime between 1950 and 1966. It was last sold for £855,000 in September 2024, which was around 9% above the average September 2024 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 three sales for 23 LAVENDER WAY 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. One of the three 23 LAVENDER WAY sales was for above the average price, whilst two 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
2024 10 SEP	£855,000	£783,561	9% above HPI
2015 23 MAR	£465,000	£525,070	11% below HPI
2002 29 AUG	£200,000	£295,206	32% 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 three 23 LAVENDER WAY sales between August 2002 and September 2024 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 March 2015 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2024 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 23 LAVENDER WAY be worth now?

23 LAVENDER WAY might now be worth an estimated £864,333.

This is based on house price inflation of 1.1%, between September 2024 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 1.1% inflationary increase is applied to the most recent sale price for 23 LAVENDER WAY of £855,000 on 10th September 2024. For the value to have increased from £855,000 to £864,333 over the nine months to December 2024, the following assumptions must hold true:

• The value of 23 LAVENDER WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The September 2024 sale price of £855,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LAVENDER WAY has not materially changed since September 2024.

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 houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hitchin, and where 23 LAVENDER WAY lies on this distribution: 64% of detached houses 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 0.109 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.