3, WEDGEWOOD ROAD, HITCHIN, SG4 0EX - £552,500

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 WEDGEWOOD ROAD is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £552,500 in January 2015, which was around 6% above the average January 2015 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

3 WEDGEWOOD ROAD Sold Prices

Land registry data shows two sales for 3 WEDGEWOOD ROAD 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 WEDGEWOOD ROAD 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
2015 29 JAN	£552,500	£521,318	6% above HPI
1997 22 AUG	£140,000	£150,213	7% below HPI

3 WEDGEWOOD ROAD 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 WEDGEWOOD ROAD sales from August 1997 and January 2015 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 1997 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the January 2015 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 3 WEDGEWOOD ROAD be worth now?

3 WEDGEWOOD ROAD might now be worth an estimated £839,493.

This is based on house price inflation of 51.9%, between January 2015 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 51.9% inflationary increase is applied to the most recent sale price for 3 WEDGEWOOD ROAD of £552,500 on 29th January 2015. For the value to have increased from £552,500 to £839,493 over the eight years and one month to December 2024, the following assumptions must hold true:

• The value of 3 WEDGEWOOD ROAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The January 2015 sale price of £552,500 represented a fair market value for the property.
• The size, condition, and specification of 3 WEDGEWOOD ROAD has not materially changed since January 2015.

How Large is 3 WEDGEWOOD ROAD?

3 WEDGEWOOD ROAD is 117m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 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 WEDGEWOOD ROAD lies on this distribution: 42% of detached houses houses are smaller than 3 WEDGEWOOD ROAD, and 58% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

3 WEDGEWOOD ROAD: Plot and Title Map

3 WEDGEWOOD ROAD sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 3 WEDGEWOOD ROAD, 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 WEDGEWOOD ROAD). 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 WEDGEWOOD ROAD?

3 WEDGEWOOD ROAD is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 3 on WEDGEWOOD ROAD.