27, THE RIDGEWAY, HITCHIN, SG5 2BT - £750,000

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

27 THE RIDGEWAY is a large extended detached house of 162m², built sometime between 1950 and 1966. It was last sold for £750,000 in January 2017, which was around 24% above the average January 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was B.

27 THE RIDGEWAY Sold Prices

Land registry data shows two sales for 27 THE RIDGEWAY 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. One of the two 27 THE RIDGEWAY sales was for above the average price, whilst the other was 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
2017 4 JAN	£750,000	£604,284	24% above HPI
2008 29 APR	£288,500	£396,137	27% below HPI

27 THE RIDGEWAY 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 27 THE RIDGEWAY sales from April 2008 and January 2017 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 April 2008 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the January 2017 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 27 THE RIDGEWAY?

27 THE RIDGEWAY is 162m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 30% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 27 THE RIDGEWAY lies on this distribution: 76% of detached houses are smaller than 27 THE RIDGEWAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

27 THE RIDGEWAY: Plot and Title Map

27 THE RIDGEWAY sits on a plot of roughly 0.173 of an acre, or 699m². The below map shows the location of 27 THE RIDGEWAY, 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 THE RIDGEWAY). 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 THE RIDGEWAY?

27 THE RIDGEWAY is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 27 on THE RIDGEWAY.