PRIORY BARN, PARK STREET, HITCHIN, SG4 9AH - £1,170,000

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

PRIORY BARN is a very large detached house of 183m², built sometime between 1983 and 1990. It was last sold for £1,170,000 in October 2018, which was around 67% above the average October 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was C.

PRIORY BARN Sold Prices

Land registry data shows three sales for PRIORY BARN 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 PRIORY BARN 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 11 OCT	£1,170,000	£701,153	67% above HPI
2014 16 JUN	£885,000	£491,866	80% above HPI
2003 28 NOV	£450,000	£339,916	32% above HPI

PRIORY BARN 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 PRIORY BARN sales between November 2003 and October 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 June 2014 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the October 2018 sale, where it falls to 67% above the HPI. The line then continues to track at 67% above the HPI.

What might PRIORY BARN be worth now?

PRIORY BARN might now be worth an estimated £1,321,785.

This is based on house price inflation of 13%, between October 2018 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 13% inflationary increase is applied to the most recent sale price for PRIORY BARN of £1,170,000 on 11th October 2018. For the value to have increased from £1,170,000 to £1,321,785 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of PRIORY BARN has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The October 2018 sale price of £1,170,000 represented a fair market value for the property.
• The size, condition, and specification of PRIORY BARN has not materially changed since October 2018.

How Large is PRIORY BARN?

PRIORY BARN is 183m² according to the EPC inspection conducted in July 2012. This puts it in the largest 20% 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 PRIORY BARN lies on this distribution: 86% of detached houses houses are smaller than PRIORY BARN, and 14% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

PRIORY BARN: Plot and Title Map

PRIORY BARN sits on a plot of roughly 0.234 of an acre, or 947m². The below map shows the location of PRIORY BARN, 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 PRIORY BARN). 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 PRIORY BARN?

PRIORY BARN is located on PARK STREET in HITCHIN, in the SG4 postcode district. The below map shows the position of PRIORY BARN on PARK STREET.