5, PRINCE EDWARD WAY, STOTFOLD, HITCHIN, SG5 4PU - £312,000

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 PRINCE EDWARD WAY is a very small extended detached house of 83m², built sometime between 2003 and 2006. It was last sold for £312,000 in April 2021, which was around 38% below the average April 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

5 PRINCE EDWARD WAY Sold Prices

Land registry data shows two sales for 5 PRINCE EDWARD 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 5 PRINCE EDWARD WAY 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
2021 7 APR	£312,000	£499,525	38% below HPI
2007 21 NOV	£230,000	£347,261	34% below HPI

5 PRINCE EDWARD WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 5 PRINCE EDWARD WAY sales from November 2007 and April 2021 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 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2021 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 5 PRINCE EDWARD WAY?

5 PRINCE EDWARD WAY is 83m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses in Stotfold, based on EPC data. The below chart shows the distribution of detached houses by size in Stotfold, and where 5 PRINCE EDWARD WAY lies on this distribution: 11% of detached houses are smaller than 5 PRINCE EDWARD WAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

5 PRINCE EDWARD WAY: Plot and Title Map

5 PRINCE EDWARD WAY sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 5 PRINCE EDWARD 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 PRINCE EDWARD 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 PRINCE EDWARD WAY?

5 PRINCE EDWARD WAY is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 5 on PRINCE EDWARD WAY.