3, HEATH LANE, CODICOTE, HITCHIN, SG4 8YD - £380,000

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 HEATH LANE is a very small extended semi-detached house of 75m², built sometime before 1900, which could now be worth an estimated £419,850. It was last sold for £380,000 in December 2020, which was around 9% below the average December 2020 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was D.

3 HEATH LANE Sold Prices

Land registry data shows three sales for 3 HEATH LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. Two of the three 3 HEATH LANE sales were for below the average price, whilst one was for above 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
2020 8 DEC	£380,000	£417,738	9% below HPI
2013 19 AUG	£271,000	£257,575	5% above HPI
2005 30 NOV	£203,000	£221,052	8% below HPI

3 HEATH LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 3 HEATH LANE sales between November 2005 and December 2020 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 August 2013 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the December 2020 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 3 HEATH LANE be worth now?

3 HEATH LANE might now be worth an estimated £419,850.

This is based on house price inflation of 10.5%, between December 2020 and February 2025, for semi-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 10.5% inflationary increase is applied to the most recent sale price for 3 HEATH LANE of £380,000 on 8th December 2020. For the value to have increased from £380,000 to £419,850 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 3 HEATH LANE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The December 2020 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HEATH LANE has not materially changed since December 2020.

How Large is 3 HEATH LANE?

3 HEATH LANE is 75m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of semi-detached houses houses in Codicote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Codicote, and where 3 HEATH LANE lies on this distribution: 5% of semi-detached houses houses are smaller than 3 HEATH LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Codicote.

3 HEATH LANE: Plot and Title Map

3 HEATH LANE sits on a plot of roughly 0.018 of an acre, or 73m². The below map shows the location of 3 HEATH 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 3 HEATH 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 3 HEATH LANE?

3 HEATH LANE is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 3 on HEATH LANE.