4, SPURRS CLOSE, HITCHIN, SG4 9QE - £250,000

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 SPURRS CLOSE is a very small extended detached house of 96m², built sometime between 1967 and 1975. It was last sold for £250,000 in May 2009, which was around 33% below the average May 2009 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

4 SPURRS CLOSE Sold Prices

Land registry data shows five sales for 4 SPURRS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the five 4 SPURRS 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
2009 20 MAY	£250,000	£373,818	33% below HPI
2005 22 APR	£234,995	£368,982	36% below HPI
2004 4 JUN	£210,000	£354,898	41% below HPI
2001 5 JUL	£150,000	£249,922	40% below HPI
1996 31 MAY	£65,000	£125,478	48% below HPI

4 SPURRS 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 five 4 SPURRS CLOSE sales between May 1996 and May 2009 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 2005 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the May 2009 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 4 SPURRS CLOSE be worth now?

4 SPURRS CLOSE might now be worth an estimated £529,746.

This is based on house price inflation of 111.9%, between May 2009 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 111.9% inflationary increase is applied to the most recent sale price for 4 SPURRS CLOSE of £250,000 on 20th May 2009. For the value to have increased from £250,000 to £529,746 over the fourteen years and five months to December 2024, the following assumptions must hold true:

• The value of 4 SPURRS CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The May 2009 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SPURRS CLOSE has not materially changed since May 2009.

How Large is 4 SPURRS CLOSE?

4 SPURRS CLOSE is 96m², which includes one extension, according to the EPC inspection conducted in September 2024. This puts it in the smallest 20% 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 SPURRS CLOSE lies on this distribution: 20% of detached houses houses are smaller than 4 SPURRS CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

4 SPURRS CLOSE: Plot and Title Map

4 SPURRS CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 4 SPURRS 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 SPURRS 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 SPURRS CLOSE?

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