14, THE CHESTNUTS, CODICOTE, HITCHIN, SG4 8XR - £334,950

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.

14 THE CHESTNUTS is a small extended terraced house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £613,080. It was last sold for £334,950 in September 2012, which was around 62% above the average September 2012 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

14 THE CHESTNUTS Sold Prices

Land registry data shows five sales for 14 THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. All of the five 14 THE CHESTNUTS 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
2012 6 SEP	£334,950	£206,335	62% above HPI
2007 28 NOV	£295,000	£205,626	43% above HPI
2003 16 MAY	£229,950	£142,385	61% above HPI
2001 30 MAR	£172,000	£97,907	76% above HPI
1997 28 JUL	£122,500	£61,964	98% above HPI

14 THE CHESTNUTS Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North Hertfordshire local authority area over time, sourced from the HPI. The five 14 THE CHESTNUTS sales between July 1997 and September 2012 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 November 2007 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2012 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

What might 14 THE CHESTNUTS be worth now?

14 THE CHESTNUTS might now be worth an estimated £613,080.

This is based on house price inflation of 83%, between September 2012 and April 2026, for terraced 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 83% inflationary increase is applied to the most recent sale price for 14 THE CHESTNUTS of £334,950 on 6th September 2012. For the value to have increased from £334,950 to £613,080 over the fourteen years and five months to April 2026, the following assumptions must hold true:

• The value of 14 THE CHESTNUTS has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The September 2012 sale price of £334,950 represented a fair market value for the property.
• The size, condition, and specification of 14 THE CHESTNUTS has not materially changed since September 2012.

How Large is 14 THE CHESTNUTS?

14 THE CHESTNUTS is 111m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of terraced houses houses in Codicote, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Codicote, and where 14 THE CHESTNUTS lies on this distribution: 29% of terraced houses houses are smaller than 14 THE CHESTNUTS, and 70% of houses are larger. Note that EPC data is not available for all properties in Codicote.

14 THE CHESTNUTS: Plot and Title Map

14 THE CHESTNUTS sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 14 THE CHESTNUTS, 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 14 THE CHESTNUTS). 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 14 THE CHESTNUTS?

14 THE CHESTNUTS is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 14 on THE CHESTNUTS.