4, VALLEY ROAD, CODICOTE, HITCHIN, SG4 8YA - £565,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 VALLEY ROAD is a small detached house of 116m², built sometime between 1967 and 1975, which could now be worth an estimated £632,525. It was last sold for £565,000 in June 2021, which was around 19% below the average June 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

4 VALLEY ROAD Sold Prices

Land registry data shows three sales for 4 VALLEY ROAD 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. Two of the three 4 VALLEY ROAD sales were for below the average price, whilst one 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
2021 18 JUN	£565,000	£693,304	19% below HPI
2009 22 OCT	£391,500	£395,947	1% below HPI
1995 4 AUG	£130,500	£125,929	4% above HPI

4 VALLEY ROAD 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 VALLEY ROAD sales between August 1995 and June 2021 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 October 2009 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the June 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 4 VALLEY ROAD be worth now?

4 VALLEY ROAD might now be worth an estimated £632,525.

This is based on house price inflation of 12%, between June 2021 and February 2025, 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 12% inflationary increase is applied to the most recent sale price for 4 VALLEY ROAD of £565,000 on 18th June 2021. For the value to have increased from £565,000 to £632,525 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 4 VALLEY ROAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The June 2021 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 4 VALLEY ROAD has not materially changed since June 2021.

How Large is 4 VALLEY ROAD?

4 VALLEY ROAD is 116m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 40% of detached houses houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Codicote, and where 4 VALLEY ROAD lies on this distribution: 39% of detached houses houses are smaller than 4 VALLEY ROAD, and 61% of houses are larger. Note that EPC data is not available for all properties in Codicote.

4 VALLEY ROAD: Plot and Title Map

4 VALLEY ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 4 VALLEY ROAD, 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 VALLEY ROAD). 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 VALLEY ROAD?

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