8, TIMES CLOSE, HITCHIN, SG5 2UT - £243,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 TIMES CLOSE is a very small extended semi-detached house of 86m², built sometime between 1930 and 1949. It was last sold for £243,500 in October 2011, which was around 40% below the average October 2011 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was C.

8 TIMES CLOSE Sold Prices

Land registry data shows two sales for 8 TIMES CLOSE 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 TIMES CLOSE 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
2011 17 OCT	£243,500	£403,608	40% below HPI
2007 25 MAY	£330,000	£384,101	14% below HPI

8 TIMES CLOSE 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 TIMES CLOSE sales from May 2007 and October 2011 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 May 2007 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2011 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 8 TIMES CLOSE?

8 TIMES CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% 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 TIMES CLOSE lies on this distribution: 12% of detached houses are smaller than 8 TIMES CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

8 TIMES CLOSE: Plot and Title Map

8 TIMES CLOSE sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 8 TIMES CLOSE, 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 TIMES CLOSE). 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 TIMES CLOSE?

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