8, MATTHEW GATE, HITCHIN, SG4 9EQ - £342,500

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 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 23% 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.

8 MATTHEW GATE Sold Prices

Land registry data shows three sales for 8 MATTHEW GATE 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 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	£445,622	23% below HPI
2000 23 NOV	£167,000	£228,686	27% below HPI
1997 27 FEB	£109,950	£134,176	18% below HPI

8 MATTHEW GATE 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 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the September 2012 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 MATTHEW GATE be worth now?

8 MATTHEW GATE might now be worth an estimated £608,810.

This is based on house price inflation of 77.8%, between September 2012 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 77.8% inflationary increase is applied to the most recent sale price for 8 MATTHEW GATE of £342,500 on 7th September 2012. For the value to have increased from £342,500 to £608,810 over the eleven years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 MATTHEW GATE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The September 2012 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 8 MATTHEW GATE has not materially changed since September 2012.

How Large is 8 MATTHEW GATE?

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 houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hitchin, and where 8 MATTHEW GATE lies on this distribution: 53% of detached houses 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: Plot and Title Map

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.

Where is 8 MATTHEW GATE?

8 MATTHEW GATE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 8 on MATTHEW GATE.