PINE LODGE, HIGHBURY ROAD, HITCHIN, SG4 9RW - £1,480,000

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

PINE LODGE is a very large extended detached house of 274m², built sometime before 1900. It was last sold for £1,480,000 in August 2018, which was around 133% above the average August 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

PINE LODGE Sold Prices

Land registry data shows three sales for PINE LODGE 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 PINE LODGE 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
2018 29 AUG	£1,480,000	£633,986	133% above HPI
2007 12 DEC	£615,000	£402,539	53% above HPI
1997 15 DEC	£247,000	£147,454	68% above HPI

PINE LODGE 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 PINE LODGE sales between December 1997 and August 2018 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 December 2007 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the August 2018 sale, where it rises to 133% above the HPI. The line then continues to track at 133% above the HPI.

How Large is PINE LODGE?

PINE LODGE is 274m², which includes three extensions, according to the EPC inspection conducted in September 2017. 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 PINE LODGE lies on this distribution: 98% of detached houses are smaller than PINE LODGE, and 2% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

PINE LODGE: Plot and Title Map

PINE LODGE sits on a plot of roughly 0.197 of an acre, or 797m². The below map shows the location of PINE LODGE, 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 PINE LODGE). 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 PINE LODGE?

PINE LODGE is located on HIGHBURY ROAD in HITCHIN, in the SG4 postcode district. The below map shows the position of PINE LODGE on HIGHBURY ROAD.