4, PRIORY WAY, HITCHIN, SG4 9BH - £1,450,000

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

4 PRIORY WAY is a very large extended detached house of 219m², built sometime between 1930 and 1949. It was last sold for £1,450,000 in March 2024, which was around 99% above the average March 2024 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

4 PRIORY WAY Sold Prices

Land registry data shows two sales for 4 PRIORY WAY 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 PRIORY WAY 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
2024 25 MAR	£1,450,000	£729,088	99% above HPI
2011 13 APR	£750,000	£432,994	73% above HPI

4 PRIORY WAY 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 PRIORY WAY sales from April 2011 and March 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 April 2011 sale was for 73% above the HPI. So the extrapolation line tracks at 73% above the HPI over time, until the March 2024 sale, where it rises to 99% above the HPI. The line then continues to track at 99% above the HPI.

What might 4 PRIORY WAY be worth now?

4 PRIORY WAY might now be worth an estimated £1,575,345.

This is based on house price inflation of 8.6%, between March 2024 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 8.6% inflationary increase is applied to the most recent sale price for 4 PRIORY WAY of £1,450,000 on 25th March 2024. For the value to have increased from £1,450,000 to £1,575,345 over the three months to December 2024, the following assumptions must hold true:

• The value of 4 PRIORY WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The March 2024 sale price of £1,450,000 represented a fair market value for the property.
• The size, condition, and specification of 4 PRIORY WAY has not materially changed since March 2024.

How Large is 4 PRIORY WAY?

4 PRIORY WAY is 219m², which includes three extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 10% 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 4 PRIORY WAY lies on this distribution: 93% of detached houses houses are smaller than 4 PRIORY WAY, and 7% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

4 PRIORY WAY: Plot and Title Map

4 PRIORY WAY sits on a plot of roughly 0.222 of an acre, or 898m². The below map shows the location of 4 PRIORY WAY, 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 PRIORY WAY). 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 PRIORY WAY?

4 PRIORY WAY is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 4 on PRIORY WAY.