46, BROADMEAD, HITCHIN, SG4 9LX - £445,000

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

46 BROADMEAD is a very small detached house of 74m², built sometime between 1950 and 1966. It was last sold for £445,000 in February 2016, which was around 27% below the average February 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

46 BROADMEAD Sold Prices

Land registry data shows three sales for 46 BROADMEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 46 BROADMEAD sales were 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
2016 29 FEB	£445,000	£609,886	27% below HPI
2012 29 OCT	£315,000	£445,718	29% below HPI
1999 25 AUG	£120,000	£188,663	36% below HPI

46 BROADMEAD 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 three 46 BROADMEAD sales between August 1999 and February 2016 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 October 2012 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2016 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 46 BROADMEAD be worth now?

46 BROADMEAD might now be worth an estimated £577,962.

This is based on house price inflation of 29.9%, between February 2016 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 29.9% inflationary increase is applied to the most recent sale price for 46 BROADMEAD of £445,000 on 29th February 2016. For the value to have increased from £445,000 to £577,962 over the seven years and two months to December 2024, the following assumptions must hold true:

• The value of 46 BROADMEAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2016 sale price of £445,000 represented a fair market value for the property.
• The size, condition, and specification of 46 BROADMEAD has not materially changed since February 2016.

How Large is 46 BROADMEAD?

46 BROADMEAD is 74m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% 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 46 BROADMEAD lies on this distribution: 4% of detached houses houses are smaller than 46 BROADMEAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

46 BROADMEAD: Plot and Title Map

46 BROADMEAD sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 46 BROADMEAD, 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 46 BROADMEAD). 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 46 BROADMEAD?

46 BROADMEAD is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 46 on BROADMEAD.