OTTERBURN, GREEN LANE, HITCHIN, SG4 0BU - £420,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

OTTERBURN is a very small extended semi-detached house of 78m², built sometime between 1900 and 1929. It was last sold for £420,000 in June 2021, which was around 35% below the average June 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

OTTERBURN Sold Prices

Land registry data shows five sales for OTTERBURN 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 OTTERBURN sales were for below 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 4 JUN	£420,000	£642,138	35% below HPI
2016 1 MAR	£335,000	£560,018	40% below HPI
2014 14 MAR	£250,000	£440,662	43% below HPI
2007 1 AUG	£215,000	£393,152	45% below HPI
2004 16 APR	£168,500	£325,579	48% below HPI

OTTERBURN 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 OTTERBURN sales between April 2004 and June 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 March 2016 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the June 2021 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is OTTERBURN?

OTTERBURN is 78m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the smallest 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 OTTERBURN lies on this distribution: 7% of detached houses are smaller than OTTERBURN, and 93% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

OTTERBURN: Plot and Title Map

OTTERBURN sits on a plot of roughly 0.033 of an acre, or 135m². The below map shows the location of OTTERBURN, 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 OTTERBURN). 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 OTTERBURN?

OTTERBURN is located on GREEN LANE in HITCHIN, in the SG4 postcode district. The below map shows the position of OTTERBURN on GREEN LANE.