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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). 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 41% 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	£707,770	41% above HPI
2002 16 APR	£372,500	£244,566	52% above HPI
1999 5 JUL	£320,000	£171,239	87% 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 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the December 2023 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

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 in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 7A RANSOM CLOSE lies on this distribution: 70% of detached 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.