65, GRAYS LANE, HITCHIN, SG5 2HJ - £650,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

65 GRAYS LANE is a very large extended detached house of 199m², built sometime between 1930 and 1949. It was last sold for £650,000 in February 2012, which was around 47% above the average February 2012 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2011, where the current energy rating was C, and the potential energy rating was C.

65 GRAYS LANE Sold Prices

Land registry data shows two sales for 65 GRAYS 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 65 GRAYS 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
2012 29 FEB	£650,000	£442,828	47% above HPI
2001 3 APR	£318,000	£235,101	35% above HPI

65 GRAYS 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 65 GRAYS LANE sales from April 2001 and February 2012 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 2001 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2012 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.

What might 65 GRAYS LANE be worth now?

65 GRAYS LANE might now be worth an estimated £1,162,695.

This is based on house price inflation of 78.9%, between February 2012 and December 2024, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.9% inflationary increase is applied to the most recent sale price for 65 GRAYS LANE of £650,000 on 29th February 2012. For the value to have increased from £650,000 to £1,162,695 over the eleven years and two months to December 2024, the following assumptions must hold true:

• The value of 65 GRAYS LANE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2012 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 65 GRAYS LANE has not materially changed since February 2012.

How Large is 65 GRAYS LANE?

65 GRAYS LANE is 199m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the largest 20% of detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hitchin, and where 65 GRAYS LANE lies on this distribution: 89% of detached houses houses are smaller than 65 GRAYS LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

65 GRAYS LANE: Plot and Title Map

65 GRAYS LANE sits on a plot of roughly 0.166 of an acre, or 670m². The below map shows the location of 65 GRAYS 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 65 GRAYS 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 65 GRAYS LANE?

65 GRAYS LANE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 65 on GRAYS LANE.