4, SHELLEY CLOSE, HITCHIN, SG4 0PW - £257,500

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 SHELLEY CLOSE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £257,500 in March 2008, which was around 40% below the average March 2008 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

4 SHELLEY CLOSE Sold Prices

Land registry data shows three sales for 4 SHELLEY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 4 SHELLEY CLOSE 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
2008 28 MAR	£257,500	£429,390	40% below HPI
2004 28 SEP	£236,000	£365,989	36% below HPI
2003 9 DEC	£175,000	£341,532	49% below HPI

4 SHELLEY CLOSE 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 three 4 SHELLEY CLOSE sales between December 2003 and March 2008 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 September 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the March 2008 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 4 SHELLEY CLOSE be worth now?

4 SHELLEY CLOSE might now be worth an estimated £475,021.

This is based on house price inflation of 84.5%, between March 2008 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 84.5% inflationary increase is applied to the most recent sale price for 4 SHELLEY CLOSE of £257,500 on 28th March 2008. For the value to have increased from £257,500 to £475,021 over the fifteen years and three months to December 2024, the following assumptions must hold true:

• The value of 4 SHELLEY CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The March 2008 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 4 SHELLEY CLOSE has not materially changed since March 2008.

How Large is 4 SHELLEY CLOSE?

4 SHELLEY CLOSE is 79m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 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 SHELLEY CLOSE lies on this distribution: 7% of detached houses houses are smaller than 4 SHELLEY CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

4 SHELLEY CLOSE: Plot and Title Map

4 SHELLEY CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 4 SHELLEY CLOSE, 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 SHELLEY CLOSE). 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 SHELLEY CLOSE?

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