41, BURY LANE, CODICOTE, HITCHIN, SG4 8XX - £535,000

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.

41 BURY LANE is a very small extended semi-detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £590,037. It was last sold for £535,000 in November 2020, which was around 28% above the average November 2020 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

41 BURY LANE Sold Prices

Land registry data shows three sales for 41 BURY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 41 BURY LANE sales were 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
2020 20 NOV	£535,000	£418,494	28% above HPI
2015 30 MAR	£410,000	£306,988	34% above HPI
2007 17 MAY	£330,000	£246,970	34% above HPI

41 BURY LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 41 BURY LANE sales between May 2007 and November 2020 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 2015 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2020 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 41 BURY LANE be worth now?

41 BURY LANE might now be worth an estimated £590,037.

This is based on house price inflation of 10.3%, between November 2020 and February 2025, for semi-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 10.3% inflationary increase is applied to the most recent sale price for 41 BURY LANE of £535,000 on 20th November 2020. For the value to have increased from £535,000 to £590,037 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 41 BURY LANE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The November 2020 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 41 BURY LANE has not materially changed since November 2020.

How Large is 41 BURY LANE?

41 BURY LANE is 92m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of semi-detached houses houses in Codicote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Codicote, and where 41 BURY LANE lies on this distribution: 15% of semi-detached houses houses are smaller than 41 BURY LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Codicote.

41 BURY LANE: Plot and Title Map

41 BURY LANE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 41 BURY LANE, 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 BURY LANE). 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 BURY LANE?

41 BURY LANE is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 41 on BURY LANE.