7, LAVENDER WAY, HITCHIN, SG5 2LU - £478,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 LAVENDER WAY is a small detached house of 100m², built sometime between 1967 and 1975, which could now be worth an estimated £880,008. It was last sold for £478,000 in July 2011, which was around 13% above the average July 2011 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was D.

7 LAVENDER WAY Sold Prices

Land registry data shows two sales for 7 LAVENDER WAY 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. One of the two 7 LAVENDER WAY sales was for above the average price, whilst the other was 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
2011 7 JUL	£478,000	£421,594	13% above HPI
1999 24 AUG	£186,000	£188,663	1% below HPI

7 LAVENDER 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 two 7 LAVENDER WAY sales from August 1999 and July 2011 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 1999 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2011 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 7 LAVENDER WAY be worth now?

7 LAVENDER WAY might now be worth an estimated £880,008.

This is based on house price inflation of 84.1%, between July 2011 and February 2025, 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 84.1% inflationary increase is applied to the most recent sale price for 7 LAVENDER WAY of £478,000 on 7th July 2011. For the value to have increased from £478,000 to £880,008 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 7 LAVENDER WAY has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The July 2011 sale price of £478,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LAVENDER WAY has not materially changed since July 2011.

How Large is 7 LAVENDER WAY?

7 LAVENDER WAY is 100m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% 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 7 LAVENDER WAY lies on this distribution: 24% of detached houses houses are smaller than 7 LAVENDER WAY, and 76% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

7 LAVENDER WAY: Plot and Title Map

7 LAVENDER WAY sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 7 LAVENDER 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 7 LAVENDER 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 7 LAVENDER WAY?

7 LAVENDER WAY is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 7 on LAVENDER WAY.