Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
7 PORTMAN CLOSE is a small extended detached house of 105m², built sometime between 1976 and 1982. It was last sold for £520,000 in September 2017, which was around 16% below the average September 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 7 PORTMAN CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the four 7 PORTMAN CLOSE 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 |
---|---|---|---|
2017 1 SEP | £520,000 | £616,109 | 16% below HPI |
2004 11 JUN | £240,000 | £328,706 | 27% below HPI |
2004 20 FEB | £240,000 | £322,305 | 26% below HPI |
2001 2 NOV | £167,000 | £240,147 | 30% below HPI |
The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The four 7 PORTMAN CLOSE sales between November 2001 and September 2017 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 June 2004 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
7 PORTMAN CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the smallest 30% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 7 PORTMAN CLOSE lies on this distribution: 29% of detached houses are smaller than 7 PORTMAN CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Hitchin.
7 PORTMAN CLOSE sits on a plot of roughly 0.081 of an acre, or 327m². The below map shows the location of 7 PORTMAN 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 7 PORTMAN 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.
7 PORTMAN CLOSE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 7 on PORTMAN CLOSE.