8, RUSSELLS SLIP, HITCHIN, SG5 2BJ - £337,500

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 RUSSELLS SLIP is a very small extended detached house of 82m², built sometime before 1900. It was last sold for £337,500 in February 2013, which was around 24% below the average February 2013 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was E, and the potential energy rating was C.

8 RUSSELLS SLIP Sold Prices

Land registry data shows four sales for 8 RUSSELLS SLIP since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the four 8 RUSSELLS SLIP 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
2013 22 FEB	£337,500	£444,545	24% below HPI
2005 4 APR	£290,000	£368,982	21% below HPI
2003 27 AUG	£246,500	£338,136	27% below HPI
1998 26 OCT	£130,000	£180,636	28% below HPI

8 RUSSELLS SLIP 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 four 8 RUSSELLS SLIP sales between October 1998 and February 2013 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 April 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2013 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 8 RUSSELLS SLIP be worth now?

8 RUSSELLS SLIP might now be worth an estimated £601,376.

This is based on house price inflation of 78.2%, between February 2013 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 78.2% inflationary increase is applied to the most recent sale price for 8 RUSSELLS SLIP of £337,500 on 22nd February 2013. For the value to have increased from £337,500 to £601,376 over the ten years and two months to December 2024, the following assumptions must hold true:

• The value of 8 RUSSELLS SLIP has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2013 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 8 RUSSELLS SLIP has not materially changed since February 2013.

How Large is 8 RUSSELLS SLIP?

8 RUSSELLS SLIP is 82m², which includes two extensions, according to the EPC inspection conducted in November 2012. 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 RUSSELLS SLIP lies on this distribution: 10% of detached houses houses are smaller than 8 RUSSELLS SLIP, and 90% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

8 RUSSELLS SLIP: Plot and Title Map

8 RUSSELLS SLIP sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 8 RUSSELLS SLIP, 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 RUSSELLS SLIP). 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 RUSSELLS SLIP?

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