THE MALLARDS, GREEN LANE, HITCHIN, SG4 0BU - £94,000

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 MALLARDS is a very small semi-detached house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £362,423. It was last sold for £94,000 in May 2000, which was around 21% below the average May 2000 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

THE MALLARDS Sold Prices

Land registry data shows two sales for THE MALLARDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two THE MALLARDS 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
2000 26 MAY	£94,000	£119,709	21% below HPI
1998 7 APR	£60,000	£89,727	33% below HPI

THE MALLARDS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two THE MALLARDS sales from April 1998 and May 2000 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 April 1998 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the May 2000 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might THE MALLARDS be worth now?

THE MALLARDS might now be worth an estimated £362,423.

This is based on house price inflation of 285.6%, between May 2000 and February 2025, for semi-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 285.6% inflationary increase is applied to the most recent sale price for THE MALLARDS of £94,000 on 26th May 2000. For the value to have increased from £94,000 to £362,423 over the 25 years and three months to February 2025, the following assumptions must hold true:

• The value of THE MALLARDS has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The May 2000 sale price of £94,000 represented a fair market value for the property.
• The size, condition, and specification of THE MALLARDS has not materially changed since May 2000.

How Large is THE MALLARDS?

THE MALLARDS is 55m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 10% of semi-detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hitchin, and where THE MALLARDS lies on this distribution: 1% of semi-detached houses houses are smaller than THE MALLARDS, and 99% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

THE MALLARDS: Plot and Title Map

THE MALLARDS sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of THE MALLARDS, 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 MALLARDS). 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 MALLARDS?

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