THE RED HOUSE, WHITEHILL ROAD, HITCHIN, SG4 9HY - £1,292,000

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

THE RED HOUSE is a very large extended detached house of 325m², built sometime before 1900. It was last sold for £1,292,000 in July 2019, which was around 110% above the average July 2019 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.

THE RED HOUSE Sold Prices

Land registry data shows two sales for THE RED HOUSE 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 RED HOUSE 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
2019 22 JUL	£1,292,000	£615,549	110% above HPI
1997 15 JAN	£227,500	£122,886	85% above HPI

THE RED HOUSE 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 RED HOUSE sales from January 1997 and July 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 January 1997 sale was for 85% above the HPI. So the extrapolation line tracks at 85% above the HPI over time, until the July 2019 sale, where it rises to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is THE RED HOUSE?

THE RED HOUSE is 325m², which includes two extensions, according to the EPC inspection conducted in October 2023. 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 THE RED HOUSE lies on this distribution: 99% of detached houses are smaller than THE RED HOUSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

THE RED HOUSE: Plot and Title Map

THE RED HOUSE sits on a plot of roughly 0.550 of an acre, or 2,226m². The below map shows the location of THE RED HOUSE, 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 RED HOUSE). 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 RED HOUSE?

THE RED HOUSE is located on WHITEHILL ROAD in HITCHIN, in the SG4 postcode district. The below map shows the position of THE RED HOUSE on WHITEHILL ROAD.