THROSK, LUCAS LANE, HITCHIN, SG5 2HS - £590,000

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

THROSK is a midsized extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £590,000 in August 2018, which was around 14% below the average August 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

THROSK Sold Prices

Land registry data shows three sales for THROSK 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 THROSK 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
2018 30 AUG	£590,000	£684,502	14% below HPI
2003 14 FEB	£250,000	£317,773	21% below HPI
2000 11 DEC	£168,000	£225,720	26% below HPI

THROSK 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 THROSK sales between December 2000 and August 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 February 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might THROSK be worth now?

THROSK might now be worth an estimated £682,755.

This is based on house price inflation of 15.7%, between August 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 15.7% inflationary increase is applied to the most recent sale price for THROSK of £590,000 on 30th August 2018. For the value to have increased from £590,000 to £682,755 over the five years and eight months to December 2024, the following assumptions must hold true:

• The value of THROSK has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The August 2018 sale price of £590,000 represented a fair market value for the property.
• The size, condition, and specification of THROSK has not materially changed since August 2018.

How Large is THROSK?

THROSK is 125m², which includes two extensions, according to the EPC inspection conducted in December 2017. This puts it in the largest 50% 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 THROSK lies on this distribution: 50% of detached houses houses are smaller than THROSK, and 48% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

THROSK: Plot and Title Map

THROSK sits on a plot of roughly 0.075 of an acre, or 302m². The below map shows the location of THROSK, 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 THROSK). 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 THROSK?

THROSK is located on LUCAS LANE in HITCHIN, in the SG5 postcode district. The below map shows the position of THROSK on LUCAS LANE.