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

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

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 7% 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	£633,986	7% below HPI
2003 14 FEB	£250,000	£294,321	15% below HPI
2000 11 DEC	£168,000	£209,061	20% 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 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2018 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

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 in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where THROSK lies on this distribution: 51% of detached 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.