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

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.

5 ARMOUR RISE is a very small extended detached house of 77m², built sometime between 1983 and 1990, which could now be worth an estimated £514,507. It was last sold for £510,000 in October 2022, which was around 34% 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	£769,364	34% below HPI
2015 27 NOV	£372,500	£581,982	36% below HPI
2007 23 FEB	£230,000	£411,410	44% 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 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

What might 5 ARMOUR RISE be worth now?

5 ARMOUR RISE might now be worth an estimated £514,507.

This is based on house price inflation of 0.9%, between October 2022 and February 2025, 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 0.9% inflationary increase is applied to the most recent sale price for 5 ARMOUR RISE of £510,000 on 26th October 2022. For the value to have increased from £510,000 to £514,507 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 ARMOUR RISE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The October 2022 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ARMOUR RISE has not materially changed since October 2022.

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 houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hitchin, and where 5 ARMOUR RISE lies on this distribution: 6% of detached houses 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.