OAKWOOD, GOSMORE ROAD, HITCHIN, SG4 9AN - £875,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

OAKWOOD is a very large extended detached house of 283m², built sometime between 1900 and 1929. It was last sold for £875,000 in April 2012, which was around 116% above the average April 2012 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was B, and the potential energy rating was B.

OAKWOOD Sold Prices

Land registry data shows two sales for OAKWOOD 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 OAKWOOD 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
2012 24 APR	£875,000	£404,457	116% above HPI
2002 9 AUG	£683,000	£273,420	150% above HPI

OAKWOOD 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 OAKWOOD sales from August 2002 and April 2012 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 August 2002 sale was for 150% above the HPI. So the extrapolation line tracks at 150% above the HPI over time, until the April 2012 sale, where it falls to 116% above the HPI. The line then continues to track at 116% above the HPI.

How Large is OAKWOOD?

OAKWOOD is 283m², which includes one extension, according to the EPC inspection conducted in May 2024. This puts it in the largest 10% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where OAKWOOD lies on this distribution: 98% of detached houses are smaller than OAKWOOD, and 2% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

OAKWOOD: Plot and Title Map

OAKWOOD sits on a plot of roughly 0.331 of an acre, or 1,338m². The below map shows the location of OAKWOOD, 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 OAKWOOD). 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 OAKWOOD?

OAKWOOD is located on GOSMORE ROAD in HITCHIN, in the SG4 postcode district. The below map shows the position of OAKWOOD on GOSMORE ROAD.