41, THE AVENUE, HITCHIN, SG4 9RQ - £920,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

41 THE AVENUE is a very large detached house of 178m², built sometime between 1996 and 2002. It was last sold for £920,000 in December 2015, which was around 53% above the average December 2015 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

41 THE AVENUE Sold Prices

Land registry data shows two sales for 41 THE AVENUE 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. Both of the two 41 THE AVENUE 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
2015 17 DEC	£920,000	£602,111	53% above HPI
1997 21 NOV	£285,000	£155,566	83% above HPI

41 THE AVENUE 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 THE AVENUE sales from November 1997 and December 2015 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 November 1997 sale was for 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the December 2015 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 41 THE AVENUE be worth now?

41 THE AVENUE might now be worth an estimated £1,210,317.

This is based on house price inflation of 31.6%, between December 2015 and December 2024, 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 31.6% inflationary increase is applied to the most recent sale price for 41 THE AVENUE of £920,000 on 17th December 2015. For the value to have increased from £920,000 to £1,210,317 over the nine years to December 2024, the following assumptions must hold true:

• The value of 41 THE AVENUE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The December 2015 sale price of £920,000 represented a fair market value for the property.
• The size, condition, and specification of 41 THE AVENUE has not materially changed since December 2015.

How Large is 41 THE AVENUE?

41 THE AVENUE is 178m² according to the EPC inspection conducted in September 2014. This puts it in the largest 20% of detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hitchin, and where 41 THE AVENUE lies on this distribution: 84% of detached houses houses are smaller than 41 THE AVENUE, and 16% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

41 THE AVENUE: Plot and Title Map

41 THE AVENUE sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 41 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

41 THE AVENUE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 41 on THE AVENUE.