4, THE RIDDY, CODICOTE, HITCHIN, SG4 8UP - £665,000

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 THE RIDDY is a midsized extended detached house of 124m², built sometime between 1950 and 1966. It was last sold for £665,000 in January 2024, which was around 2% below the average January 2024 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

4 THE RIDDY Sold Prices

Land registry data shows two sales for 4 THE RIDDY 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. One of the two 4 THE RIDDY sales was for below the average price, whilst the other was 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 5 JAN	£665,000	£681,888	2% below HPI
2002 8 MAR	£285,000	£240,245	19% above HPI

4 THE RIDDY 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 THE RIDDY sales from March 2002 and January 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 March 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2024 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 4 THE RIDDY?

4 THE RIDDY is 124m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses by size in Codicote, and where 4 THE RIDDY lies on this distribution: 52% of detached houses are smaller than 4 THE RIDDY, and 47% of houses are larger. Note that EPC data is not available for all properties in Codicote.

4 THE RIDDY: Plot and Title Map

4 THE RIDDY sits on a plot of roughly 0.224 of an acre, or 908m². The below map shows the location of 4 THE RIDDY, 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 RIDDY). 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 THE RIDDY?

4 THE RIDDY is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 4 on THE RIDDY.