RIPPLEDENE, GREEN LANE, HITCHIN, SG4 0BU - £925,000

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

RIPPLEDENE is a large extended detached house of 140m², built sometime between 1900 and 1929. It was last sold for £925,000 in August 2024, which was around 23% above the average August 2024 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

RIPPLEDENE Sold Prices

Land registry data shows two sales for RIPPLEDENE 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. One of the two RIPPLEDENE sales was for above the average price, whilst the other was 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
2024 19 AUG	£925,000	£752,627	23% above HPI
1996 4 OCT	£93,000	£134,387	31% below HPI

RIPPLEDENE 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 RIPPLEDENE sales from October 1996 and August 2024 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 October 1996 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the August 2024 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might RIPPLEDENE be worth now?

RIPPLEDENE might now be worth an estimated £973,531.

This is based on house price inflation of 5.2%, between August 2024 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 5.2% inflationary increase is applied to the most recent sale price for RIPPLEDENE of £925,000 on 19th August 2024. For the value to have increased from £925,000 to £973,531 over the eight months to December 2024, the following assumptions must hold true:

• The value of RIPPLEDENE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The August 2024 sale price of £925,000 represented a fair market value for the property.
• The size, condition, and specification of RIPPLEDENE has not materially changed since August 2024.

How Large is RIPPLEDENE?

RIPPLEDENE is 140m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 40% 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 RIPPLEDENE lies on this distribution: 64% of detached houses houses are smaller than RIPPLEDENE, and 36% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

RIPPLEDENE: Plot and Title Map

RIPPLEDENE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of RIPPLEDENE, 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 RIPPLEDENE). 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 RIPPLEDENE?

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