39, MATTHEW GATE, HITCHIN, SG4 9EQ - £325,000

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

39 MATTHEW GATE is a small extended detached house of 102m², built sometime between 1976 and 1982. It was last sold for £325,000 in June 2013, which was around 25% below the average June 2013 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

39 MATTHEW GATE Sold Prices

Land registry data shows two sales for 39 MATTHEW GATE 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 39 MATTHEW GATE sales were 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
2013 24 JUN	£325,000	£435,724	25% below HPI
2005 13 DEC	£245,000	£368,589	34% below HPI

39 MATTHEW GATE 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 39 MATTHEW GATE sales from December 2005 and June 2013 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 2005 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2013 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 39 MATTHEW GATE be worth now?

39 MATTHEW GATE might now be worth an estimated £590,826.

This is based on house price inflation of 81.8%, between June 2013 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 81.8% inflationary increase is applied to the most recent sale price for 39 MATTHEW GATE of £325,000 on 24th June 2013. For the value to have increased from £325,000 to £590,826 over the ten years and six months to December 2024, the following assumptions must hold true:

• The value of 39 MATTHEW GATE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The June 2013 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 39 MATTHEW GATE has not materially changed since June 2013.

How Large is 39 MATTHEW GATE?

39 MATTHEW GATE is 102m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% 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 39 MATTHEW GATE lies on this distribution: 26% of detached houses houses are smaller than 39 MATTHEW GATE, and 74% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

39 MATTHEW GATE: Plot and Title Map

39 MATTHEW GATE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 39 MATTHEW GATE, 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 39 MATTHEW GATE). 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 39 MATTHEW GATE?

39 MATTHEW GATE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 39 on MATTHEW GATE.