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
8 MATTHEW GATE is a midsized extended detached house of 126m², built sometime between 1967 and 1975. It was last sold for £342,500 in September 2012, which was around 17% below the average September 2012 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 8 MATTHEW GATE since 1st 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 8 MATTHEW GATE 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 |
---|---|---|---|
2012 7 SEP | £342,500 | £412,735 | 17% below HPI |
2000 23 NOV | £167,000 | £211,809 | 21% below HPI |
1997 27 FEB | £109,950 | £124,274 | 12% below HPI |
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 MATTHEW GATE sales between February 1997 and September 2012 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 November 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2012 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.
8 MATTHEW GATE is 126m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 50% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 8 MATTHEW GATE lies on this distribution: 53% of detached houses are smaller than 8 MATTHEW GATE, and 47% of houses are larger. Note that EPC data is not available for all properties in Hitchin.
8 MATTHEW GATE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 8 MATTHEW GATE, 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 MATTHEW GATE). 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.
8 MATTHEW GATE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 8 on MATTHEW GATE.