7B, WESTBURY FARM CLOSE, OFFLEY, HITCHIN, SG5 3FL - £600,000

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.

7B WESTBURY FARM CLOSE is a midsized extended detached house of 156m², built sometime between 2003 and 2006, which could now be worth an estimated £708,290. It was last sold for £600,000 in July 2017, which was around 9% below the average July 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

7B WESTBURY FARM CLOSE Sold Prices

Land registry data shows three sales for 7B WESTBURY FARM 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. One of the three 7B WESTBURY FARM CLOSE sales was for below the average price, whilst two 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
2017 11 JUL	£600,000	£657,496	9% below HPI
2010 31 MAR	£460,000	£428,140	7% above HPI
2005 26 AUG	£408,000	£373,044	9% above HPI

7B WESTBURY FARM 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 7B WESTBURY FARM CLOSE sales between August 2005 and July 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 March 2010 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the July 2017 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 7B WESTBURY FARM CLOSE be worth now?

7B WESTBURY FARM CLOSE might now be worth an estimated £708,290.

This is based on house price inflation of 18%, between July 2017 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 18% inflationary increase is applied to the most recent sale price for 7B WESTBURY FARM CLOSE of £600,000 on 11th July 2017. For the value to have increased from £600,000 to £708,290 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 7B WESTBURY FARM CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The July 2017 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 7B WESTBURY FARM CLOSE has not materially changed since July 2017.

How Large is 7B WESTBURY FARM CLOSE?

7B WESTBURY FARM CLOSE is 156m², which includes two extensions, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses houses in Great Offley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Offley, and where 7B WESTBURY FARM CLOSE lies on this distribution: 55% of detached houses houses are smaller than 7B WESTBURY FARM CLOSE, and 45% of houses are larger. Note that EPC data is not available for all properties in Great Offley.

7B WESTBURY FARM CLOSE: Plot and Title Map

7B WESTBURY FARM CLOSE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 7B WESTBURY FARM 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 7B WESTBURY FARM 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 7B WESTBURY FARM CLOSE?

7B WESTBURY FARM CLOSE is located in OFFLEY, in the SG5 postcode district. The below map shows the position of No. 7B on WESTBURY FARM CLOSE.