WOODBINE COTTAGE, STORE HOUSE LANE, HITCHIN, SG4 9AB - £387,500

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

WOODBINE COTTAGE is a midsized extended detached house of 132m², built sometime before 1900. It was last sold for £387,500 in January 2013, which was around 12% below the average January 2013 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was F, and the potential energy rating was C.

WOODBINE COTTAGE Sold Prices

Land registry data shows four sales for WOODBINE COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the four WOODBINE COTTAGE 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
2013 25 JAN	£387,500	£441,272	12% below HPI
2006 13 APR	£305,000	£376,169	19% below HPI
2003 16 DEC	£250,000	£341,532	27% below HPI
1998 16 JUL	£150,000	£172,617	13% below HPI

WOODBINE COTTAGE 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 four WOODBINE COTTAGE sales between July 1998 and January 2013 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 2006 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the January 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might WOODBINE COTTAGE be worth now?

WOODBINE COTTAGE might now be worth an estimated £695,590.

This is based on house price inflation of 79.5%, between January 2013 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 79.5% inflationary increase is applied to the most recent sale price for WOODBINE COTTAGE of £387,500 on 25th January 2013. For the value to have increased from £387,500 to £695,590 over the ten years and one month to December 2024, the following assumptions must hold true:

• The value of WOODBINE COTTAGE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The January 2013 sale price of £387,500 represented a fair market value for the property.
• The size, condition, and specification of WOODBINE COTTAGE has not materially changed since January 2013.

How Large is WOODBINE COTTAGE?

WOODBINE COTTAGE is 132m², which includes two extensions, according to the EPC inspection conducted in November 2012. 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 WOODBINE COTTAGE lies on this distribution: 57% of detached houses houses are smaller than WOODBINE COTTAGE, and 42% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

WOODBINE COTTAGE: Plot and Title Map

WOODBINE COTTAGE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of WOODBINE COTTAGE, 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 WOODBINE COTTAGE). 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 WOODBINE COTTAGE?

WOODBINE COTTAGE is located on STORE HOUSE LANE in HITCHIN, in the SG4 postcode district. The below map shows the position of WOODBINE COTTAGE on STORE HOUSE LANE.