40, BESSEMER CLOSE, HITCHIN, SG5 1AG - £510,000

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

40 BESSEMER CLOSE is a midsized extended detached house of 122m², built sometime between 1983 and 1990. It was last sold for £510,000 in May 2017, which was around 13% below the average May 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

40 BESSEMER CLOSE Sold Prices

Land registry data shows two sales for 40 BESSEMER CLOSE 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 40 BESSEMER CLOSE 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
2017 5 MAY	£510,000	£587,676	13% below HPI
2000 26 JUN	£205,000	£201,899	2% above HPI

40 BESSEMER 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 two 40 BESSEMER CLOSE sales from June 2000 and May 2017 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 June 2000 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the May 2017 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 40 BESSEMER CLOSE?

40 BESSEMER CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 40 BESSEMER CLOSE lies on this distribution: 48% of detached houses are smaller than 40 BESSEMER CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

40 BESSEMER CLOSE: Plot and Title Map

40 BESSEMER CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 40 BESSEMER 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 40 BESSEMER 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 40 BESSEMER CLOSE?

40 BESSEMER CLOSE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 40 on BESSEMER CLOSE.