8, DUKES LANE, HITCHIN, SG5 1TP - £435,000

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

8 DUKES LANE is a very small extended detached house of 75m², built sometime between 1900 and 1929. It was last sold for £435,000 in June 2020, which was around 35% below the average June 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was E, and the potential energy rating was C.

8 DUKES LANE Sold Prices

Land registry data shows two sales for 8 DUKES 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 8 DUKES 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
2020 25 JUN	£435,000	£671,283	35% below HPI
2012 8 MAY	£218,000	£437,189	50% below HPI

8 DUKES 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 8 DUKES LANE sales from May 2012 and June 2020 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 May 2012 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the June 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 8 DUKES LANE be worth now?

8 DUKES LANE might now be worth an estimated £513,300.

This is based on house price inflation of 18%, between June 2020 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 18% inflationary increase is applied to the most recent sale price for 8 DUKES LANE of £435,000 on 25th June 2020. For the value to have increased from £435,000 to £513,300 over the three years and six months to December 2024, the following assumptions must hold true:

• The value of 8 DUKES LANE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The June 2020 sale price of £435,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DUKES LANE has not materially changed since June 2020.

How Large is 8 DUKES LANE?

8 DUKES LANE is 75m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 8 DUKES LANE lies on this distribution: 4% of detached houses houses are smaller than 8 DUKES LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

8 DUKES LANE: Plot and Title Map

8 DUKES LANE sits on a plot of roughly 0.035 of an acre, or 142m². The below map shows the location of 8 DUKES 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 8 DUKES 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 8 DUKES LANE?

8 DUKES LANE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 8 on DUKES LANE.