72, GRAYS LANE, HITCHIN, SG5 2HN - £665,000

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

72 GRAYS LANE is a large extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £665,000 in February 2023, which was around 7% below the average February 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was C.

72 GRAYS LANE Sold Prices

Land registry data shows two sales for 72 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 72 GRAYS 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
2023 3 FEB	£665,000	£713,050	7% below HPI
2008 31 OCT	£355,500	£373,783	5% below HPI

72 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 72 GRAYS LANE sales from October 2008 and February 2023 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 October 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the February 2023 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 72 GRAYS LANE?

72 GRAYS LANE is 145m², which includes three extensions, according to the EPC inspection conducted in November 2022. 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 72 GRAYS LANE lies on this distribution: 66% of detached houses are smaller than 72 GRAYS LANE, and 33% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

72 GRAYS LANE: Plot and Title Map

72 GRAYS LANE sits on a plot of roughly 0.109 of an acre, or 440m². The below map shows the location of 72 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 72 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 72 GRAYS LANE?

72 GRAYS LANE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 72 on GRAYS LANE.