37, BESSEMER CLOSE, HITCHIN, SG5 1AG - £700,000

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

37 BESSEMER CLOSE is a midsized extended detached house of 122m², built sometime between 1991 and 1995. It was last sold for £700,000 in August 2023, which was about the average August 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

37 BESSEMER CLOSE Sold Prices

Land registry data shows four sales for 37 BESSEMER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. The four 37 BESSEMER CLOSE sales were a mix of roughly equal to the average price, and 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
2023 24 AUG	£700,000	£701,895	Close to HPI
2014 20 NOV	£450,000	£485,812	7% below HPI
2007 1 MAR	£310,000	£382,915	19% below HPI
1998 30 MAR	£135,000	£149,978	10% below HPI

37 BESSEMER CLOSE 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 four 37 BESSEMER CLOSE sales between March 1998 and August 2023 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 November 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2023 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 37 BESSEMER CLOSE?

37 BESSEMER CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the smallest 50% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 37 BESSEMER CLOSE lies on this distribution: 48% of detached houses are smaller than 37 BESSEMER CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

37 BESSEMER CLOSE: Plot and Title Map

37 BESSEMER CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 37 BESSEMER 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 37 BESSEMER 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 37 BESSEMER CLOSE?

37 BESSEMER CLOSE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 37 on BESSEMER CLOSE.