8, LANCASTER AVENUE, HITCHIN, SG5 1PB - £948,750

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 LANCASTER AVENUE is a large extended detached house of 150m², built sometime between 1950 and 1966. It was last sold for £948,750 in March 2023, which was around 22% above the average March 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

8 LANCASTER AVENUE Sold Prices

Land registry data shows three sales for 8 LANCASTER AVENUE 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 8 LANCASTER AVENUE sales was for above the average price, whilst two 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 20 MAR	£948,750	£778,501	22% above HPI
2004 4 MAR	£294,450	£351,961	16% below HPI
1997 15 JUL	£140,000	£143,622	3% below HPI

8 LANCASTER AVENUE 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 8 LANCASTER AVENUE sales between July 1997 and March 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 March 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2023 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 8 LANCASTER AVENUE be worth now?

8 LANCASTER AVENUE might now be worth an estimated £965,340.

This is based on house price inflation of 1.7%, between March 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 1.7% inflationary increase is applied to the most recent sale price for 8 LANCASTER AVENUE of £948,750 on 20th March 2023. For the value to have increased from £948,750 to £965,340 over the three months to December 2024, the following assumptions must hold true:

• The value of 8 LANCASTER AVENUE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The March 2023 sale price of £948,750 represented a fair market value for the property.
• The size, condition, and specification of 8 LANCASTER AVENUE has not materially changed since March 2023.

How Large is 8 LANCASTER AVENUE?

8 LANCASTER AVENUE is 150m², which includes two extensions, according to the EPC inspection conducted in August 2022. 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 8 LANCASTER AVENUE lies on this distribution: 70% of detached houses houses are smaller than 8 LANCASTER AVENUE, and 29% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

8 LANCASTER AVENUE: Plot and Title Map

8 LANCASTER AVENUE sits on a plot of roughly 0.129 of an acre, or 521m². The below map shows the location of 8 LANCASTER AVENUE, 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 LANCASTER AVENUE). 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 LANCASTER AVENUE?

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