Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 THE BEECHES is a small detached house of 114m², built sometime between 1967 and 1975. It was last sold for £550,000 in August 2013, which was around 34% above the average August 2013 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 4 THE BEECHES since 1st 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. One of the two 4 THE BEECHES sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2013 12 AUG | £550,000 | £409,361 | 34% above HPI |
2006 17 NOV | £375,000 | £379,605 | 1% below HPI |
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 THE BEECHES sales from November 2006 and August 2013 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 November 2006 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2013 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.
4 THE BEECHES is 114m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 40% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 4 THE BEECHES lies on this distribution: 38% of detached houses are smaller than 4 THE BEECHES, and 61% of houses are larger. Note that EPC data is not available for all properties in Hitchin.
4 THE BEECHES sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 4 THE BEECHES, 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 THE BEECHES). 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.
4 THE BEECHES is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 4 on THE BEECHES.