27, GIBSON CLOSE, HITCHIN, SG4 0RS - £635,000

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

27 GIBSON CLOSE is a small extended detached house of 114m², built sometime between 1991 and 1995. It was last sold for £635,000 in October 2021, which was around 13% below the average October 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was C.

27 GIBSON CLOSE Sold Prices

Land registry data shows three sales for 27 GIBSON CLOSE 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 27 GIBSON CLOSE 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
2021 18 OCT	£635,000	£729,832	13% below HPI
2013 4 OCT	£416,000	£461,116	10% below HPI
2007 5 JAN	£320,000	£409,941	22% below HPI

27 GIBSON CLOSE 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 27 GIBSON CLOSE sales between January 2007 and October 2021 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 October 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the October 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 27 GIBSON CLOSE be worth now?

27 GIBSON CLOSE might now be worth an estimated £689,189.

This is based on house price inflation of 8.5%, between October 2021 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 8.5% inflationary increase is applied to the most recent sale price for 27 GIBSON CLOSE of £635,000 on 18th October 2021. For the value to have increased from £635,000 to £689,189 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of 27 GIBSON CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The October 2021 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of 27 GIBSON CLOSE has not materially changed since October 2021.

How Large is 27 GIBSON CLOSE?

27 GIBSON CLOSE is 114m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the smallest 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 27 GIBSON CLOSE lies on this distribution: 39% of detached houses houses are smaller than 27 GIBSON CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

27 GIBSON CLOSE: Plot and Title Map

27 GIBSON CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 27 GIBSON CLOSE, 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 27 GIBSON CLOSE). 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 27 GIBSON CLOSE?

27 GIBSON CLOSE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 27 on GIBSON CLOSE.