BIRCHTREE COTTAGE, HIGH STREET, OFFLEY, HITCHIN, SG5 3AP - £510,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

BIRCHTREE COTTAGE is a small extended detached house of 128m², built sometime between 1996 and 2002, which could now be worth an estimated £689,819. It was last sold for £510,000 in September 2015, which was around 11% below the average September 2015 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was C.

BIRCHTREE COTTAGE Sold Prices

Land registry data shows three sales for BIRCHTREE COTTAGE 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. One of the three BIRCHTREE COTTAGE sales was for below the average price, whilst two 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
2015 18 SEP	£510,000	£573,836	11% below HPI
2009 3 JUL	£425,000	£383,845	11% above HPI
2001 18 MAY	£249,995	£239,503	4% above HPI

BIRCHTREE COTTAGE 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 BIRCHTREE COTTAGE sales between May 2001 and September 2015 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 July 2009 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might BIRCHTREE COTTAGE be worth now?

BIRCHTREE COTTAGE might now be worth an estimated £689,819.

This is based on house price inflation of 35.3%, between September 2015 and February 2025, 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 35.3% inflationary increase is applied to the most recent sale price for BIRCHTREE COTTAGE of £510,000 on 18th September 2015. For the value to have increased from £510,000 to £689,819 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of BIRCHTREE COTTAGE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The September 2015 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of BIRCHTREE COTTAGE has not materially changed since September 2015.

How Large is BIRCHTREE COTTAGE?

BIRCHTREE COTTAGE is 128m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% of detached houses houses in Great Offley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Offley, and where BIRCHTREE COTTAGE lies on this distribution: 34% of detached houses houses are smaller than BIRCHTREE COTTAGE, and 64% of houses are larger. Note that EPC data is not available for all properties in Great Offley.

BIRCHTREE COTTAGE: Plot and Title Map

BIRCHTREE COTTAGE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of BIRCHTREE COTTAGE, 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 BIRCHTREE COTTAGE). 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 BIRCHTREE COTTAGE?

BIRCHTREE COTTAGE is located on HIGH STREET in OFFLEY, in the SG5 postcode district. The below map shows the position of BIRCHTREE COTTAGE on HIGH STREET.