43, GAPING LANE, HITCHIN, SG5 2JE - £495,000

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

43 GAPING LANE is a large extended semi-detached house of 143m², built sometime between 1930 and 1949. It was last sold for £495,000 in November 2014, which was around 61% above the average November 2014 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

43 GAPING LANE Sold Prices

Land registry data shows two sales for 43 GAPING LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 43 GAPING 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
2014 7 NOV	£495,000	£307,616	61% above HPI
2010 16 APR	£385,000	£248,264	55% above HPI

43 GAPING 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 two 43 GAPING LANE sales from April 2010 and November 2014 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 April 2010 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the November 2014 sale, where it rises to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might 43 GAPING LANE be worth now?

43 GAPING LANE might now be worth an estimated £759,123.

This is based on house price inflation of 53.4%, between November 2014 and December 2024, 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 53.4% inflationary increase is applied to the most recent sale price for 43 GAPING LANE of £495,000 on 7th November 2014. For the value to have increased from £495,000 to £759,123 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 43 GAPING LANE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The November 2014 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 43 GAPING LANE has not materially changed since November 2014.

How Large is 43 GAPING LANE?

43 GAPING LANE is 143m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of semi-detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hitchin, and where 43 GAPING LANE lies on this distribution: 65% of semi-detached houses houses are smaller than 43 GAPING LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

43 GAPING LANE: Plot and Title Map

43 GAPING LANE sits on a plot of roughly 0.096 of an acre, or 390m². The below map shows the location of 43 GAPING 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 43 GAPING 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 43 GAPING LANE?

43 GAPING LANE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 43 on GAPING LANE.