OAKDALE, NEWLANDS CLOSE WEST, HITCHIN, SG4 9BA - £1,150,000

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

OAKDALE is a large extended detached house of 200m², built sometime between 1950 and 1966, which could now be worth an estimated £1,248,138. It was last sold for £1,150,000 in October 2021, which was around 58% above the average October 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

OAKDALE Sold Prices

Land registry data shows five sales for OAKDALE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the five OAKDALE 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
2021 18 OCT	£1,150,000	£729,832	58% above HPI
2017 2 NOV	£1,063,000	£679,135	57% above HPI
1998 18 DEC	£320,000	£181,301	77% above HPI
1997 25 JUL	£275,000	£143,622	91% above HPI
1996 16 JUL	£225,000	£127,301	77% above HPI

OAKDALE 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 five OAKDALE sales between July 1996 and October 2021 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 November 2017 sale was for 57% above the HPI. So the extrapolation line tracks at 57% above the HPI over time, until the October 2021 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might OAKDALE be worth now?

OAKDALE might now be worth an estimated £1,248,138.

This is based on house price inflation of 8.5%, between October 2021 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 8.5% inflationary increase is applied to the most recent sale price for OAKDALE of £1,150,000 on 18th October 2021. For the value to have increased from £1,150,000 to £1,248,138 over the two years and ten months to December 2024, the following assumptions must hold true:

• The value of OAKDALE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The October 2021 sale price of £1,150,000 represented a fair market value for the property.
• The size, condition, and specification of OAKDALE has not materially changed since October 2021.

How Large is OAKDALE?

OAKDALE is 200m², which includes three extensions, according to the EPC inspection conducted in July 2017. This puts it in the largest 40% of detached houses houses in Gosmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gosmore, and where OAKDALE lies on this distribution: 60% of detached houses houses are smaller than OAKDALE, and 37% of houses are larger. Note that EPC data is not available for all properties in Gosmore.

OAKDALE: Plot and Title Map

OAKDALE sits on a plot of roughly 0.202 of an acre, or 819m². The below map shows the location of OAKDALE, 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 OAKDALE). 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 OAKDALE?

OAKDALE is located on NEWLANDS CLOSE WEST in HITCHIN, in the SG4 postcode district. The below map shows the position of OAKDALE on NEWLANDS CLOSE WEST.