48, OAKFIELD AVENUE, HITCHIN, SG4 9JD - £708,000

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.

48 OAKFIELD AVENUE is a midsized extended semi-detached house of 131m², built sometime between 1950 and 1966, which could now be worth an estimated £713,831. It was last sold for £708,000 in November 2023, which was around 55% above the average November 2023 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was C.

48 OAKFIELD AVENUE Sold Prices

Land registry data shows three sales for 48 OAKFIELD AVENUE 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 48 OAKFIELD 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
2023 24 NOV	£708,000	£457,776	55% above HPI
1999 10 SEP	£135,000	£105,719	28% above HPI
1996 12 JUL	£78,500	£71,779	9% above HPI

48 OAKFIELD AVENUE 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 48 OAKFIELD AVENUE sales between July 1996 and November 2023 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 September 1999 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the November 2023 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 48 OAKFIELD AVENUE be worth now?

48 OAKFIELD AVENUE might now be worth an estimated £713,831.

This is based on house price inflation of 0.8%, between November 2023 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 0.8% inflationary increase is applied to the most recent sale price for 48 OAKFIELD AVENUE of £708,000 on 24th November 2023. For the value to have increased from £708,000 to £713,831 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 48 OAKFIELD AVENUE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The November 2023 sale price of £708,000 represented a fair market value for the property.
• The size, condition, and specification of 48 OAKFIELD AVENUE has not materially changed since November 2023.

How Large is 48 OAKFIELD AVENUE?

48 OAKFIELD AVENUE is 131m², which includes two extensions, according to the EPC inspection conducted in July 2023. This puts it in the largest 50% 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 48 OAKFIELD AVENUE lies on this distribution: 56% of semi-detached houses houses are smaller than 48 OAKFIELD AVENUE, and 43% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

48 OAKFIELD AVENUE: Plot and Title Map

48 OAKFIELD AVENUE sits on a plot of roughly 0.115 of an acre, or 467m². The below map shows the location of 48 OAKFIELD 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 48 OAKFIELD 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 48 OAKFIELD AVENUE?

48 OAKFIELD AVENUE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 48 on OAKFIELD AVENUE.