5, ARMOUR RISE, HITCHIN, SG4 0RJ - £510,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 ARMOUR RISE is a very small extended detached house of 77m², built sometime between 1983 and 1990. It was last sold for £510,000 in October 2022, which was around 28% below the average October 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

5 ARMOUR RISE Sold Prices

Land registry data shows three sales for 5 ARMOUR RISE 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 5 ARMOUR RISE 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
2022 26 OCT	£510,000	£712,585	28% below HPI
2015 27 NOV	£372,500	£539,032	31% below HPI
2007 23 FEB	£230,000	£381,047	40% below HPI

5 ARMOUR RISE 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 5 ARMOUR RISE sales between February 2007 and October 2022 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 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the October 2022 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 ARMOUR RISE?

5 ARMOUR RISE is 77m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 10% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 5 ARMOUR RISE lies on this distribution: 6% of detached houses are smaller than 5 ARMOUR RISE, and 94% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

5 ARMOUR RISE: Plot and Title Map

5 ARMOUR RISE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 5 ARMOUR RISE, 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 5 ARMOUR RISE). 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 5 ARMOUR RISE?

5 ARMOUR RISE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 5 on ARMOUR RISE.