8, THE AVENUE, HITCHIN, SG4 9RQ - £1,153,000

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 THE AVENUE is a large extended detached house of 165m², built sometime between 1900 and 1929. It was last sold for £1,153,000 in March 2021, which was around 81% above the average March 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was C.

8 THE AVENUE Sold Prices

Land registry data shows two sales for 8 THE AVENUE 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 THE AVENUE sales were for above 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
2021 26 MAR	£1,153,000	£636,751	81% above HPI
2006 5 JAN	£525,000	£346,267	52% above HPI

8 THE 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 two 8 THE AVENUE sales from January 2006 and March 2021 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 January 2006 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the March 2021 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

How Large is 8 THE AVENUE?

8 THE AVENUE is 165m², which includes four extensions, according to the EPC inspection conducted in January 2017. This puts it in the largest 30% 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 THE AVENUE lies on this distribution: 78% of detached houses are smaller than 8 THE AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

8 THE AVENUE: Plot and Title Map

8 THE AVENUE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 8 THE 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 THE 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 THE AVENUE?

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