7A, RANSOM CLOSE, HITCHIN, SG4 9AX - £1,000,000

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

7A RANSOM CLOSE is a large detached house of 150m², built sometime between 1991 and 1995. It was last sold for £1,000,000 in December 2023, which was around 31% above the average December 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

7A RANSOM CLOSE Sold Prices

Land registry data shows three sales for 7A RANSOM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 7A RANSOM CLOSE 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
2023 19 DEC	£1,000,000	£762,280	31% above HPI
2002 16 APR	£372,500	£264,053	41% above HPI
1999 5 JUL	£320,000	£184,883	73% above HPI

7A RANSOM CLOSE 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 three 7A RANSOM CLOSE sales between July 1999 and December 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 April 2002 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2023 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 7A RANSOM CLOSE be worth now?

7A RANSOM CLOSE might now be worth an estimated £1,039,138.

This is based on house price inflation of 3.9%, between December 2023 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 3.9% inflationary increase is applied to the most recent sale price for 7A RANSOM CLOSE of £1,000,000 on 19th December 2023. For the value to have increased from £1,000,000 to £1,039,138 over the one year to December 2024, the following assumptions must hold true:

• The value of 7A RANSOM CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The December 2023 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of 7A RANSOM CLOSE has not materially changed since December 2023.

How Large is 7A RANSOM CLOSE?

7A RANSOM CLOSE is 150m² according to the EPC inspection conducted in June 2023. This puts it in the largest 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 7A RANSOM CLOSE lies on this distribution: 70% of detached houses houses are smaller than 7A RANSOM CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

7A RANSOM CLOSE: Plot and Title Map

7A RANSOM CLOSE sits on a plot of roughly 0.258 of an acre, or 1,044m². The below map shows the location of 7A RANSOM 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 7A RANSOM 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.

Where is 7A RANSOM CLOSE?

7A RANSOM CLOSE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 7A on RANSOM CLOSE.