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

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 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 3% below the average October 2011 semi-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 semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. One of the two 8 TIMES CLOSE sales was for below the average price, whilst the other was 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
2011 17 OCT	£243,500	£250,266	3% below HPI
2007 25 MAY	£330,000	£246,970	34% above HPI

8 TIMES CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-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 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the October 2011 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 TIMES CLOSE be worth now?

8 TIMES CLOSE might now be worth an estimated £459,000.

This is based on house price inflation of 88.5%, between October 2011 and December 2024, for semi-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 88.5% inflationary increase is applied to the most recent sale price for 8 TIMES CLOSE of £243,500 on 17th October 2011. For the value to have increased from £243,500 to £459,000 over the twelve years and ten months to December 2024, the following assumptions must hold true:

• The value of 8 TIMES CLOSE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The October 2011 sale price of £243,500 represented a fair market value for the property.
• The size, condition, and specification of 8 TIMES CLOSE has not materially changed since October 2011.

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 semi-detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hitchin, and where 8 TIMES CLOSE lies on this distribution: 12% of semi-detached houses 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 0.064 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.