5, LAVENDER WAY, HITCHIN, SG5 2LU - £211,000

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

5 LAVENDER WAY is a midsized extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £211,000 in August 1999, which was around 12% above the average August 1999 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

5 LAVENDER WAY Sold Prices

Land registry data shows two sales for 5 LAVENDER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 5 LAVENDER 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
1999 24 AUG	£211,000	£188,663	12% above HPI
1996 30 APR	£137,500	£124,280	11% above HPI

5 LAVENDER WAY 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 two 5 LAVENDER WAY sales from April 1996 and August 1999 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 April 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the August 1999 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 5 LAVENDER WAY be worth now?

5 LAVENDER WAY might now be worth an estimated £885,897.

This is based on house price inflation of 319.9%, between August 1999 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 319.9% inflationary increase is applied to the most recent sale price for 5 LAVENDER WAY of £211,000 on 24th August 1999. For the value to have increased from £211,000 to £885,897 over the 24 years and eight months to December 2024, the following assumptions must hold true:

• The value of 5 LAVENDER WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The August 1999 sale price of £211,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAVENDER WAY has not materially changed since August 1999.

How Large is 5 LAVENDER WAY?

5 LAVENDER WAY is 120m², which includes one extension, according to the EPC inspection conducted in January 2013. This puts it in the smallest 50% 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 LAVENDER WAY lies on this distribution: 45% of detached houses houses are smaller than 5 LAVENDER WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

5 LAVENDER WAY: Plot and Title Map

5 LAVENDER WAY sits on a plot of roughly 0.132 of an acre, or 534m². The below map shows the location of 5 LAVENDER 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 5 LAVENDER 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 5 LAVENDER WAY?

5 LAVENDER WAY is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 5 on LAVENDER WAY.