3, OLD HALE WAY, HITCHIN, SG5 1XH - £545,000

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

3 OLD HALE WAY is a small extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £545,000 in March 2014, which was around 24% above the average March 2014 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was E, and the potential energy rating was C.

3 OLD HALE WAY Sold Prices

Land registry data shows two sales for 3 OLD HALE WAY 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 3 OLD HALE WAY 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
2014 3 MAR	£545,000	£440,662	24% above HPI
2010 7 MAY	£380,000	£400,999	5% below HPI

3 OLD HALE 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 two 3 OLD HALE WAY sales from May 2010 and March 2014 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 May 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2014 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 3 OLD HALE WAY?

3 OLD HALE WAY is 105m², which includes two extensions, according to the EPC inspection conducted in January 2010. This puts it in the smallest 40% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 3 OLD HALE WAY lies on this distribution: 30% of detached houses are smaller than 3 OLD HALE WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

3 OLD HALE WAY: Plot and Title Map

3 OLD HALE WAY sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 3 OLD HALE 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 OLD HALE 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 OLD HALE WAY?

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