38, NINESPRINGS WAY, HITCHIN, SG4 9NR - £580,000

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

38 NINESPRINGS WAY is a midsized extended semi-detached house of 120m², built sometime between 1950 and 1966, which could now be worth an estimated £632,479. It was last sold for £580,000 in March 2024, which was around 34% above the average March 2024 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was C.

38 NINESPRINGS WAY Sold Prices

Land registry data shows two sales for 38 NINESPRINGS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 38 NINESPRINGS WAY 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
2024 26 MAR	£580,000	£432,611	34% above HPI
2013 20 DEC	£335,000	£273,783	22% above HPI

38 NINESPRINGS WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 38 NINESPRINGS WAY sales from December 2013 and March 2024 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 December 2013 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2024 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 38 NINESPRINGS WAY be worth now?

38 NINESPRINGS WAY might now be worth an estimated £632,479.

This is based on house price inflation of 9%, between March 2024 and December 2024, for semi-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 9% inflationary increase is applied to the most recent sale price for 38 NINESPRINGS WAY of £580,000 on 26th March 2024. For the value to have increased from £580,000 to £632,479 over the three months to December 2024, the following assumptions must hold true:

• The value of 38 NINESPRINGS WAY has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The March 2024 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 38 NINESPRINGS WAY has not materially changed since March 2024.

How Large is 38 NINESPRINGS WAY?

38 NINESPRINGS WAY is 120m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the smallest 50% of semi-detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hitchin, and where 38 NINESPRINGS WAY lies on this distribution: 45% of semi-detached houses houses are smaller than 38 NINESPRINGS WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

38 NINESPRINGS WAY: Plot and Title Map

38 NINESPRINGS WAY sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 38 NINESPRINGS 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 38 NINESPRINGS 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 38 NINESPRINGS WAY?

38 NINESPRINGS WAY is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 38 on NINESPRINGS WAY.