THE CHIMES, HIGH STREET, HINXWORTH, BALDOCK, SG7 5HH - £495,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE CHIMES is a small extended detached house of 107m², built sometime before 1900, which could now be worth an estimated £579,962. It was last sold for £495,000 in February 2019, which was around 25% below the average February 2019 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was F, and the potential energy rating was F.

THE CHIMES Sold Prices

Land registry data shows two sales for THE CHIMES 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 THE CHIMES 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
2019 8 FEB	£495,000	£662,458	25% below HPI
2012 24 AUG	£325,000	£438,072	26% below HPI

THE CHIMES 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 THE CHIMES sales from August 2012 and February 2019 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 2012 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2019 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might THE CHIMES be worth now?

THE CHIMES might now be worth an estimated £579,962.

This is based on house price inflation of 17.2%, between February 2019 and February 2025, 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 17.2% inflationary increase is applied to the most recent sale price for THE CHIMES of £495,000 on 8th February 2019. For the value to have increased from £495,000 to £579,962 over the six years to February 2025, the following assumptions must hold true:

• The value of THE CHIMES has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2019 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of THE CHIMES has not materially changed since February 2019.

How Large is THE CHIMES?

THE CHIMES is 107m², which includes two extensions, according to the EPC inspection conducted in March 2009. This puts it in the smallest 30% of detached houses houses in Hinxworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hinxworth, and where THE CHIMES lies on this distribution: 25% of detached houses houses are smaller than THE CHIMES, and 75% of houses are larger. Note that EPC data is not available for all properties in Hinxworth.

THE CHIMES: Plot and Title Map

THE CHIMES sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of THE CHIMES, 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 THE CHIMES). 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 THE CHIMES?

THE CHIMES is located on HIGH STREET in HINXWORTH, in the SG7 postcode district. The below map shows the position of THE CHIMES on HIGH STREET.