5, ROYAL OAK LANE, PIRTON, HITCHIN, SG5 3QT - £900,000

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 ROYAL OAK LANE is a midsized detached house of 149m², built sometime between 2003 and 2006. It was last sold for £900,000 in November 2023, which was around 25% above the average November 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

5 ROYAL OAK LANE Sold Prices

Land registry data shows two sales for 5 ROYAL OAK LANE 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 ROYAL OAK LANE 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
2023 13 NOV	£900,000	£718,786	25% above HPI
2007 3 AUG	£499,500	£393,152	27% above HPI

5 ROYAL OAK LANE 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 ROYAL OAK LANE sales from August 2007 and November 2023 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 August 2007 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2023 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 5 ROYAL OAK LANE?

5 ROYAL OAK LANE is 149m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 50% of detached houses in Pirton, based on EPC data. The below chart shows the distribution of detached houses by size in Pirton, and where 5 ROYAL OAK LANE lies on this distribution: 45% of detached houses are smaller than 5 ROYAL OAK LANE, and 55% of houses are larger. Note that EPC data is not available for all properties in Pirton.

5 ROYAL OAK LANE: Plot and Title Map

5 ROYAL OAK LANE sits on a plot of roughly 0.291 of an acre, or 1,178m². The below map shows the location of 5 ROYAL OAK LANE, 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 ROYAL OAK LANE). 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 ROYAL OAK LANE?

5 ROYAL OAK LANE is located in PIRTON, in the SG5 postcode district. The below map shows the position of No. 5 on ROYAL OAK LANE.