4, NICHOLAS LANE, HERTFORD, SG14 1NX - £452,500

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 NICHOLAS LANE is a small extended detached house of 101m², built sometime between 2003 and 2006. It was last sold for £452,500 in July 2010, which was around 2% below the average July 2010 detached price in the East Hertfordshire local authority area. The most recent EPC inspection was January 2010, where the current energy rating was C, and the potential energy rating was C.

4 NICHOLAS LANE Sold Prices

Land registry data shows two sales for 4 NICHOLAS 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 East Hertfordshire local authority area for the corresponding sale date. Both of the two 4 NICHOLAS 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
2010 23 JUL	£452,500	£461,240	2% below HPI
2005 14 DEC	£393,450	£397,489	1% below HPI

4 NICHOLAS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Hertfordshire local authority area over time, sourced from the HPI. The two 4 NICHOLAS LANE sales from December 2005 and July 2010 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 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2010 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 NICHOLAS LANE?

4 NICHOLAS LANE is 101m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the smallest 30% of detached houses in Hertford, based on EPC data. The below chart shows the distribution of detached houses by size in Hertford, and where 4 NICHOLAS LANE lies on this distribution: 20% of detached houses are smaller than 4 NICHOLAS LANE, and 80% of houses are larger. Note that EPC data is not available for all properties in Hertford.

4 NICHOLAS LANE: Plot and Title Map

4 NICHOLAS LANE sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 4 NICHOLAS 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 4 NICHOLAS 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 4 NICHOLAS LANE?

4 NICHOLAS LANE is located in HERTFORD, in the SG14 postcode district. The below map shows the position of No. 4 on NICHOLAS LANE.