BEECHCROFT, GIPSY LANE, KNEBWORTH, SG3 6DJ - £540,000

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

BEECHCROFT is a small extended detached house of 120m², built sometime between 1900 and 1929. It was last sold for £540,000 in December 2016, which was around 11% below the average December 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

BEECHCROFT Sold Prices

Land registry data shows three sales for BEECHCROFT 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. Two of the three BEECHCROFT sales were for below the average price, whilst one 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
2016 21 DEC	£540,000	£605,789	11% below HPI
2005 14 OCT	£382,500	£345,101	11% above HPI
2003 11 JUL	£305,000	£312,220	2% below HPI

BEECHCROFT 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 BEECHCROFT sales between July 2003 and December 2016 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 October 2005 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the December 2016 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is BEECHCROFT?

BEECHCROFT is 120m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 30% of detached houses in Knebworth, based on EPC data. The below chart shows the distribution of detached houses by size in Knebworth, and where BEECHCROFT lies on this distribution: 29% of detached houses are smaller than BEECHCROFT, and 71% of houses are larger. Note that EPC data is not available for all properties in Knebworth.

BEECHCROFT: Plot and Title Map

BEECHCROFT sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of BEECHCROFT, 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 BEECHCROFT). 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 BEECHCROFT?

BEECHCROFT is located on GIPSY LANE in KNEBWORTH, in the SG3 postcode district. The below map shows the position of BEECHCROFT on GIPSY LANE.