3, THE GREEN, CODICOTE, HITCHIN, SG4 8UR - £210,000

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 THE GREEN is a small detached house of 111m², built sometime between 1976 and 1982, which could now be worth an estimated £846,270. It was last sold for £210,000 in October 1999, which was around 9% above the average October 1999 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was D.

3 THE GREEN Sold Prices

Land registry data shows two sales for 3 THE GREEN 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. Both of the two 3 THE GREEN sales were 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
1999 15 OCT	£210,000	£192,603	9% above HPI
1997 24 JAN	£151,000	£132,678	14% above HPI

3 THE GREEN 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 THE GREEN sales from January 1997 and October 1999 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 1997 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 1999 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 3 THE GREEN be worth now?

3 THE GREEN might now be worth an estimated £846,270.

This is based on house price inflation of 303%, between October 1999 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 303% inflationary increase is applied to the most recent sale price for 3 THE GREEN of £210,000 on 15th October 1999. For the value to have increased from £210,000 to £846,270 over the 26 years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 THE GREEN has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The October 1999 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 3 THE GREEN has not materially changed since October 1999.

How Large is 3 THE GREEN?

3 THE GREEN is 111m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% of detached houses houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Codicote, and where 3 THE GREEN lies on this distribution: 31% of detached houses houses are smaller than 3 THE GREEN, and 69% of houses are larger. Note that EPC data is not available for all properties in Codicote.

3 THE GREEN: Plot and Title Map

3 THE GREEN sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 3 THE GREEN, 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 THE GREEN). 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 THE GREEN?

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