4, LODGE FARM, HEATH LANE, CODICOTE, HITCHIN, SG4 8WP - £775,000

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

4 LODGE FARM is a very large extended detached house of 163m², built sometime between 1996 and 2002. It was last sold for £775,000 in August 2017, which was around 27% above the average August 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was D, and the potential energy rating was B.

4 LODGE FARM Sold Prices

Land registry data shows two sales for 4 LODGE FARM 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 4 LODGE FARM 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
2017 29 AUG	£775,000	£609,999	27% above HPI
2001 6 APR	£418,500	£217,751	92% above HPI

4 LODGE FARM 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 4 LODGE FARM sales from April 2001 and August 2017 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 2001 sale was for 92% above the HPI. So the extrapolation line tracks at 92% above the HPI over time, until the August 2017 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 4 LODGE FARM?

4 LODGE FARM is 163m², which includes one extension, according to the EPC inspection conducted in August 2016. This puts it in the largest 20% of detached houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses by size in Codicote, and where 4 LODGE FARM lies on this distribution: 84% of detached houses are smaller than 4 LODGE FARM, and 16% of houses are larger. Note that EPC data is not available for all properties in Codicote.

4 LODGE FARM: Plot and Title Map

4 LODGE FARM sits on a plot of roughly 0.118 of an acre, or 477m². The below map shows the location of 4 LODGE FARM, 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 LODGE FARM). 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 LODGE FARM?

4 LODGE FARM is located on HEATH LANE in CODICOTE, in the SG4 postcode district. The below map shows the position of 4 LODGE FARM on HEATH LANE.