25, BURY LANE, CODICOTE, HITCHIN, SG4 8XX - £266,000

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

25 BURY LANE is a very small detached house of 49m², built sometime between 1967 and 1975. It was last sold for £266,000 in August 2013, which was around 35% below the average August 2013 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

25 BURY LANE Sold Prices

Land registry data shows three sales for 25 BURY LANE 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 25 BURY LANE 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
2013 7 AUG	£266,000	£409,361	35% below HPI
2004 17 DEC	£275,000	£341,185	19% below HPI
1996 28 JUN	£70,000	£117,133	40% below HPI

25 BURY 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 three 25 BURY LANE sales between June 1996 and August 2013 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 December 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the August 2013 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 25 BURY LANE?

25 BURY LANE is 49m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses by size in Codicote, and where 25 BURY LANE lies on this distribution: 1% of detached houses are smaller than 25 BURY LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Codicote.

25 BURY LANE: Plot and Title Map

25 BURY LANE sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 25 BURY 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 25 BURY 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 25 BURY LANE?

25 BURY LANE is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 25 on BURY LANE.