5, PRIORY WAY, HITCHIN, SG4 9BH - £1,400,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 PRIORY WAY is a very large extended detached house of 295m², built sometime between 1930 and 1949. It was last sold for £1,400,000 in June 2018, which was around 120% above the average June 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

5 PRIORY WAY Sold Prices

Land registry data shows four sales for 5 PRIORY WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the four 5 PRIORY 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
2018 26 JUN	£1,400,000	£637,599	120% above HPI
2015 20 APR	£1,200,000	£495,257	142% above HPI
2011 15 JUL	£950,000	£390,480	143% above HPI
1998 11 SEP	£372,000	£165,410	125% above HPI

5 PRIORY 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 four 5 PRIORY WAY sales between September 1998 and June 2018 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 2015 sale was for 142% above the HPI. So the extrapolation line tracks at 142% above the HPI over time, until the June 2018 sale, where it falls to 120% above the HPI. The line then continues to track at 120% above the HPI.

How Large is 5 PRIORY WAY?

5 PRIORY WAY is 295m², which includes two extensions, according to the EPC inspection conducted in April 2011. This puts it in the largest 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 PRIORY WAY lies on this distribution: 99% of detached houses are smaller than 5 PRIORY WAY, and 1% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

5 PRIORY WAY: Plot and Title Map

5 PRIORY WAY sits on a plot of roughly 0.414 of an acre, or 1,677m². The below map shows the location of 5 PRIORY 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 PRIORY 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 PRIORY WAY?

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