3, DEACONS WAY, HITCHIN, SG5 2UF - £665,000

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

3 DEACONS WAY is a large detached house of 140m², built sometime between 1967 and 1975. It was last sold for £665,000 in September 2023, which was around 12% below the average September 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

3 DEACONS WAY Sold Prices

Land registry data shows three sales for 3 DEACONS 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. All of the three 3 DEACONS 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
2023 22 SEP	£665,000	£759,371	12% below HPI
2021 26 JAN	£590,000	£704,741	16% below HPI
2014 30 SEP	£385,055	£504,778	24% below HPI

3 DEACONS 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 3 DEACONS WAY sales between September 2014 and September 2023 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 January 2021 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the September 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 3 DEACONS WAY be worth now?

3 DEACONS WAY might now be worth an estimated £693,674.

This is based on house price inflation of 4.3%, between September 2023 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 4.3% inflationary increase is applied to the most recent sale price for 3 DEACONS WAY of £665,000 on 22nd September 2023. For the value to have increased from £665,000 to £693,674 over the nine months to December 2024, the following assumptions must hold true:

• The value of 3 DEACONS WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The September 2023 sale price of £665,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DEACONS WAY has not materially changed since September 2023.

How Large is 3 DEACONS WAY?

3 DEACONS WAY is 140m² according to the EPC inspection conducted in November 2014. 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 3 DEACONS WAY lies on this distribution: 64% of detached houses houses are smaller than 3 DEACONS WAY, and 36% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

3 DEACONS WAY: Plot and Title Map

3 DEACONS WAY sits on a plot of roughly 0.086 of an acre, or 348m². The below map shows the location of 3 DEACONS 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 3 DEACONS 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 3 DEACONS WAY?

3 DEACONS WAY is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 3 on DEACONS WAY.