HOLLY HOUSE, OAKS CLOSE, HITCHIN, SG4 9BN - £985,000

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

HOLLY HOUSE is a very large detached house of 217m², built sometime between 1983 and 1990. It was last sold for £985,000 in April 2016, which was around 61% above the average April 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

HOLLY HOUSE Sold Prices

Land registry data shows three sales for HOLLY HOUSE 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. All of the three HOLLY HOUSE 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 13 APR	£985,000	£612,308	61% above HPI
2007 27 SEP	£745,000	£426,654	75% above HPI
1996 29 NOV	£260,000	£132,523	96% above HPI

HOLLY HOUSE 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 HOLLY HOUSE sales between November 1996 and April 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 September 2007 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the April 2016 sale, where it falls to 61% above the HPI. The line then continues to track at 61% above the HPI.

What might HOLLY HOUSE be worth now?

HOLLY HOUSE might now be worth an estimated £1,274,248.

This is based on house price inflation of 29.4%, between April 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 29.4% inflationary increase is applied to the most recent sale price for HOLLY HOUSE of £985,000 on 13th April 2016. For the value to have increased from £985,000 to £1,274,248 over the seven years and four months to December 2024, the following assumptions must hold true:

• The value of HOLLY HOUSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The April 2016 sale price of £985,000 represented a fair market value for the property.
• The size, condition, and specification of HOLLY HOUSE has not materially changed since April 2016.

How Large is HOLLY HOUSE?

HOLLY HOUSE is 217m² according to the EPC inspection conducted in March 2016. This puts it in the largest 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 HOLLY HOUSE lies on this distribution: 92% of detached houses houses are smaller than HOLLY HOUSE, and 8% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

HOLLY HOUSE: Plot and Title Map

HOLLY HOUSE sits on a plot of roughly 0.200 of an acre, or 809m². The below map shows the location of HOLLY HOUSE, 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 HOLLY HOUSE). 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 HOLLY HOUSE?

HOLLY HOUSE is located on OAKS CLOSE in HITCHIN, in the SG4 postcode district. The below map shows the position of HOLLY HOUSE on OAKS CLOSE.