41, BESSEMER CLOSE, HITCHIN, SG5 1AG - £420,000

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

41 BESSEMER CLOSE is a large detached house of 150m², built sometime between 1991 and 1995. It was last sold for £420,000 in July 2011, which was around 8% above the average July 2011 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

41 BESSEMER CLOSE Sold Prices

Land registry data shows two sales for 41 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 41 BESSEMER CLOSE 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
2011 8 JUL	£420,000	£390,480	8% above HPI
2005 18 MAR	£315,000	£340,353	7% below HPI

41 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 41 BESSEMER CLOSE sales from March 2005 and July 2011 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 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2011 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 41 BESSEMER CLOSE?

41 BESSEMER CLOSE is 150m² according to the EPC inspection conducted in March 2011. This puts it in the largest 30% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 41 BESSEMER CLOSE lies on this distribution: 71% of detached houses are smaller than 41 BESSEMER CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

41 BESSEMER CLOSE: Plot and Title Map

41 BESSEMER CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 41 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 41 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 41 BESSEMER CLOSE?

41 BESSEMER CLOSE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 41 on BESSEMER CLOSE.