HAZELDENE, STORE HOUSE LANE, HITCHIN, SG4 9AB - £650,000

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

HAZELDENE is a small detached house of 114m², built sometime before 1900. It was last sold for £650,000 in March 2016, which was around 8% above the average March 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was F, and the potential energy rating was C.

HAZELDENE Sold Prices

Land registry data shows two sales for HAZELDENE 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 HAZELDENE sales 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
2016 30 MAR	£650,000	£604,641	8% above HPI
2004 9 JUL	£380,000	£360,195	5% above HPI

HAZELDENE 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 HAZELDENE sales from July 2004 and March 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 July 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2016 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might HAZELDENE be worth now?

HAZELDENE might now be worth an estimated £851,537.

This is based on house price inflation of 31%, between March 2016 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 31% inflationary increase is applied to the most recent sale price for HAZELDENE of £650,000 on 30th March 2016. For the value to have increased from £650,000 to £851,537 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of HAZELDENE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The March 2016 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of HAZELDENE has not materially changed since March 2016.

How Large is HAZELDENE?

HAZELDENE is 114m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% 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 HAZELDENE lies on this distribution: 39% of detached houses houses are smaller than HAZELDENE, and 61% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

HAZELDENE: Plot and Title Map

HAZELDENE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of HAZELDENE, 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 HAZELDENE). 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 HAZELDENE?

HAZELDENE is located on STORE HOUSE LANE in HITCHIN, in the SG4 postcode district. The below map shows the position of HAZELDENE on STORE HOUSE LANE.