31, HOME CLOSE, STOTFOLD, HITCHIN, SG5 4DJ - £395,000

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.

31 HOME CLOSE is a very small semi-detached house of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £413,825. It was last sold for £395,000 in December 2022, which was around 9% above the average December 2022 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

31 HOME CLOSE Sold Prices

Land registry data shows three sales for 31 HOME CLOSE 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 Central Bedfordshire local authority area for the corresponding sale date. All of the three 31 HOME CLOSE 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
2022 20 DEC	£395,000	£362,077	9% above HPI
2008 12 SEP	£208,000	£200,676	4% above HPI
2004 10 DEC	£200,000	£179,156	12% above HPI

31 HOME CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 31 HOME CLOSE sales between December 2004 and December 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 September 2008 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the December 2022 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 31 HOME CLOSE be worth now?

31 HOME CLOSE might now be worth an estimated £413,825.

This is based on house price inflation of 4.8%, between December 2022 and February 2025, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.8% inflationary increase is applied to the most recent sale price for 31 HOME CLOSE of £395,000 on 20th December 2022. For the value to have increased from £395,000 to £413,825 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 31 HOME CLOSE has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The December 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 31 HOME CLOSE has not materially changed since December 2022.

How Large is 31 HOME CLOSE?

31 HOME CLOSE is 62m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% of semi-detached houses houses in Stotfold, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stotfold, and where 31 HOME CLOSE lies on this distribution: 2% of semi-detached houses houses are smaller than 31 HOME CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

31 HOME CLOSE: Plot and Title Map

31 HOME CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 31 HOME CLOSE, 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 31 HOME CLOSE). 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 31 HOME CLOSE?

31 HOME CLOSE is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 31 on HOME CLOSE.