43, MILLARD WAY, HITCHIN, SG4 0QF - £295,000

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 MILLARD WAY is a small extended semi-detached house of 104m², built sometime between 1976 and 1982, which could now be worth an estimated £551,306. It was last sold for £295,000 in May 2007, which was around 19% above the average May 2007 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2024, where the current energy rating was D, and the potential energy rating was B.

43 MILLARD WAY Sold Prices

Land registry data shows two sales for 43 MILLARD WAY 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 MILLARD WAY 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
2007 31 MAY	£295,000	£246,970	19% above HPI
1998 24 AUG	£121,500	£96,772	26% above HPI

43 MILLARD WAY 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 MILLARD WAY sales from August 1998 and May 2007 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 August 1998 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the May 2007 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 43 MILLARD WAY be worth now?

43 MILLARD WAY might now be worth an estimated £551,306.

This is based on house price inflation of 86.9%, between May 2007 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 86.9% inflationary increase is applied to the most recent sale price for 43 MILLARD WAY of £295,000 on 31st May 2007. For the value to have increased from £295,000 to £551,306 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of 43 MILLARD WAY has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The May 2007 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 43 MILLARD WAY has not materially changed since May 2007.

How Large is 43 MILLARD WAY?

43 MILLARD WAY is 104m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 30% 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 MILLARD WAY lies on this distribution: 28% of semi-detached houses houses are smaller than 43 MILLARD WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

43 MILLARD WAY: Plot and Title Map

43 MILLARD WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 43 MILLARD WAY, 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 MILLARD WAY). 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 MILLARD WAY?

43 MILLARD WAY is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 43 on MILLARD WAY.