ENGLEDENE, OFFLEY ROAD, HITCHIN, SG5 2AZ - £687,500

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

ENGLEDENE is a very small detached house of 54m², built sometime between 1930 and 1949. It was last sold for £687,500 in October 2018, which was around 2% below the average October 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was D.

ENGLEDENE Sold Prices

Land registry data shows three sales for ENGLEDENE 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. The three ENGLEDENE sales were a mix of below the average price, and roughly equal to 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
2018 22 OCT	£687,500	£701,153	2% below HPI
2011 14 JUN	£430,000	£428,185	Close to HPI
2008 15 SEP	£320,000	£409,703	22% below HPI

ENGLEDENE 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 ENGLEDENE sales between September 2008 and October 2018 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 June 2011 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2018 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might ENGLEDENE be worth now?

ENGLEDENE might now be worth an estimated £776,690.

This is based on house price inflation of 13%, between October 2018 and December 2024, 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 13% inflationary increase is applied to the most recent sale price for ENGLEDENE of £687,500 on 22nd October 2018. For the value to have increased from £687,500 to £776,690 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of ENGLEDENE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The October 2018 sale price of £687,500 represented a fair market value for the property.
• The size, condition, and specification of ENGLEDENE has not materially changed since October 2018.

How Large is ENGLEDENE?

ENGLEDENE is 54m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 10% of detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hitchin, and where ENGLEDENE lies on this distribution: Less than 1% of detached houses houses are smaller than ENGLEDENE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

ENGLEDENE: Plot and Title Map

ENGLEDENE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of ENGLEDENE, 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 ENGLEDENE). 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 ENGLEDENE?

ENGLEDENE is located on OFFLEY ROAD in HITCHIN, in the SG5 postcode district. The below map shows the position of ENGLEDENE on OFFLEY ROAD.