3A, COMMONS LANE, KIMPTON, HITCHIN, SG4 8QG - £540,000

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.

3A COMMONS LANE is a midsized detached house of 115m², built in 2021, which could now be worth an estimated £564,815. It was last sold for £540,000 in May 2022, which was around 27% below the average May 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2022, where the current energy rating was B, and the potential energy rating was A.

3A COMMONS LANE Sold Prices

Land registry data shows two sales for 3A COMMONS LANE 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 3A COMMONS LANE 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
2022 6 MAY	£540,000	£742,062	27% below HPI
2021 7 APR	£205,000	£693,958	70% below HPI

3A COMMONS LANE 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 3A COMMONS LANE sales from April 2021 and May 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 April 2021 sale was for 70% below the HPI. So the extrapolation line tracks at 70% below the HPI over time, until the May 2022 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 3A COMMONS LANE be worth now?

3A COMMONS LANE might now be worth an estimated £564,815.

This is based on house price inflation of 4.6%, between May 2022 and February 2025, 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 4.6% inflationary increase is applied to the most recent sale price for 3A COMMONS LANE of £540,000 on 6th May 2022. For the value to have increased from £540,000 to £564,815 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 3A COMMONS LANE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The May 2022 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 3A COMMONS LANE has not materially changed since May 2022.

How Large is 3A COMMONS LANE?

3A COMMONS LANE is 115m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 50% of detached houses houses in Kimpton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kimpton, and where 3A COMMONS LANE lies on this distribution: 42% of detached houses houses are smaller than 3A COMMONS LANE, and 56% of houses are larger. Note that EPC data is not available for all properties in Kimpton.

3A COMMONS LANE: Plot and Title Map

3A COMMONS LANE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 3A COMMONS LANE, 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 3A COMMONS LANE). 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 3A COMMONS LANE?

3A COMMONS LANE is located in KIMPTON, in the SG4 postcode district. The below map shows the position of No. 3A on COMMONS LANE.