3, MEADOW WAY, HITCHIN, SG5 2BN - £805,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 MEADOW WAY is a midsized extended detached house of 132m², built sometime between 1950 and 1966, which could now be worth an estimated £842,880. It was last sold for £805,000 in April 2022, which was around 9% above the average April 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

3 MEADOW WAY Sold Prices

Land registry data shows three sales for 3 MEADOW 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. One of the three 3 MEADOW WAY sales was for above the average price, whilst two 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
2022 4 APR	£805,000	£741,281	9% above HPI
2015 29 OCT	£480,000	£578,562	17% below HPI
2007 4 DEC	£340,000	£434,614	22% below HPI

3 MEADOW 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 MEADOW WAY sales between December 2007 and April 2022 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 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 MEADOW WAY be worth now?

3 MEADOW WAY might now be worth an estimated £842,880.

This is based on house price inflation of 4.7%, between April 2022 and February 2025, 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 4.7% inflationary increase is applied to the most recent sale price for 3 MEADOW WAY of £805,000 on 4th April 2022. For the value to have increased from £805,000 to £842,880 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 3 MEADOW WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The April 2022 sale price of £805,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MEADOW WAY has not materially changed since April 2022.

How Large is 3 MEADOW WAY?

3 MEADOW WAY is 132m², which includes three extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 50% 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 MEADOW WAY lies on this distribution: 57% of detached houses houses are smaller than 3 MEADOW WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

3 MEADOW WAY: Plot and Title Map

3 MEADOW WAY sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 3 MEADOW 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 MEADOW 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 MEADOW WAY?

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