4, CHAPEL PLACE, STOTFOLD, HITCHIN, SG5 4LE - £520,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 CHAPEL PLACE is a large detached house of 141m², built sometime between 2003 and 2006. It was last sold for £520,000 in August 2024, which was around 13% below the average August 2024 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

4 CHAPEL PLACE Sold Prices

Land registry data shows three sales for 4 CHAPEL PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 4 CHAPEL PLACE 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
2024 8 AUG	£520,000	£596,666	13% below HPI
2005 11 NOV	£284,000	£294,613	4% below HPI
2003 23 MAY	£229,950	£269,189	15% below HPI

4 CHAPEL PLACE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 4 CHAPEL PLACE sales between May 2003 and August 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 November 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the August 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 4 CHAPEL PLACE?

4 CHAPEL PLACE is 141m² according to the EPC inspection conducted in September 2023. This puts it in the largest 40% of detached houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses by size in Stotfold, and where 4 CHAPEL PLACE lies on this distribution: 64% of detached houses are smaller than 4 CHAPEL PLACE, and 35% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

4 CHAPEL PLACE: Plot and Title Map

4 CHAPEL PLACE sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 4 CHAPEL PLACE, 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 4 CHAPEL PLACE). 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 4 CHAPEL PLACE?

4 CHAPEL PLACE is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 4 on CHAPEL PLACE.