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
51 BESSEMER CLOSE is a midsized extended detached house of 130m², built sometime between 1996 and 2002. It was last sold for £600,000 in December 2018, which was around 6% below the average December 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 51 BESSEMER CLOSE since 1st 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. One of the three 51 BESSEMER CLOSE sales was for below the average price, whilst two 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 14 DEC | £600,000 | £637,736 | 6% below HPI |
2001 30 MAR | £223,000 | £217,944 | 2% above HPI |
1995 2 JUN | £118,995 | £117,405 | 1% above HPI |
The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 51 BESSEMER CLOSE sales between June 1995 and December 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 March 2001 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
51 BESSEMER CLOSE is 130m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 50% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 51 BESSEMER CLOSE lies on this distribution: 55% of detached houses are smaller than 51 BESSEMER CLOSE, and 44% of houses are larger. Note that EPC data is not available for all properties in Hitchin.
51 BESSEMER CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 51 BESSEMER CLOSE, 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 51 BESSEMER CLOSE). 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.
51 BESSEMER CLOSE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 51 on BESSEMER CLOSE.