15, NEW TOWN, CODICOTE, HITCHIN, SG4 8UG - £313,000

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.

15 NEW TOWN is a very small extended terraced house of 35m², built sometime before 1900, which could now be worth an estimated £366,997. It was last sold for £313,000 in October 2018, which was around 3% below the average October 2018 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

15 NEW TOWN Sold Prices

Land registry data shows three sales for 15 NEW TOWN since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. One of the three 15 NEW TOWN sales was for below the average price, whilst two 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
2018 26 OCT	£313,000	£322,101	3% below HPI
2013 8 NOV	£230,000	£214,383	7% above HPI
2003 4 APR	£165,000	£141,731	16% above HPI

15 NEW TOWN 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 three 15 NEW TOWN sales between April 2003 and October 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 November 2013 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the October 2018 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 15 NEW TOWN be worth now?

15 NEW TOWN might now be worth an estimated £366,997.

This is based on house price inflation of 17.3%, between October 2018 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 17.3% inflationary increase is applied to the most recent sale price for 15 NEW TOWN of £313,000 on 26th October 2018. For the value to have increased from £313,000 to £366,997 over the eight years and six months to April 2026, the following assumptions must hold true:

• The value of 15 NEW TOWN has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The October 2018 sale price of £313,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NEW TOWN has not materially changed since October 2018.

How Large is 15 NEW TOWN?

15 NEW TOWN is 35m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% 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 15 NEW TOWN lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 NEW TOWN, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Codicote.

15 NEW TOWN: Plot and Title Map

15 NEW TOWN sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 15 NEW TOWN, 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 15 NEW TOWN). 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 15 NEW TOWN?

15 NEW TOWN is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 15 on NEW TOWN.