52, LUCAS LANE, HITCHIN, SG5 2LT - £520,000

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

52 LUCAS LANE is a large detached house of 141m², built sometime between 1950 and 1966. It was last sold for £520,000 in February 2018, which was around 17% below the average February 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

52 LUCAS LANE Sold Prices

Land registry data shows two sales for 52 LUCAS 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 52 LUCAS LANE 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
2018 21 FEB	£520,000	£627,248	17% below HPI
2008 18 APR	£320,000	£396,137	19% below HPI

52 LUCAS 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 52 LUCAS LANE sales from April 2008 and February 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 2008 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the February 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 52 LUCAS LANE?

52 LUCAS LANE is 141m² according to the EPC inspection conducted in December 2021. This puts it in the largest 40% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 52 LUCAS LANE lies on this distribution: 64% of detached houses are smaller than 52 LUCAS LANE, and 35% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

52 LUCAS LANE: Plot and Title Map

52 LUCAS LANE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of 52 LUCAS 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 52 LUCAS 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 52 LUCAS LANE?

52 LUCAS LANE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 52 on LUCAS LANE.