15, ROYAL OAK LANE, PIRTON, HITCHIN, SG5 3QT - £550,000

15 ROYAL OAK LANE is a small extended detached house of 116m², built sometime between 1950 and 1966. It was last sold for £550,000 in September 2016, which was around 8% below the average September 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was C.

15 ROYAL OAK LANE Sold Prices

Land registry data shows two sales for 15 ROYAL OAK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 15 ROYAL OAK LANE 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
2016 30 SEP	£550,000	£598,503	8% below HPI
1996 16 DEC	£99,000	£122,221	19% below HPI

15 ROYAL OAK LANE 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 two 15 ROYAL OAK LANE sales from December 1996 and September 2016 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 December 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2016 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 15 ROYAL OAK LANE?

15 ROYAL OAK LANE is 116m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 30% of detached houses in Pirton, based on EPC data. The below chart shows the distribution of detached houses by size in Pirton, and where 15 ROYAL OAK LANE lies on this distribution: 21% of detached houses are smaller than 15 ROYAL OAK LANE, and 79% of houses are larger. Note that EPC data is not available for all properties in Pirton.

15 ROYAL OAK LANE: Plot and Title Map

15 ROYAL OAK LANE sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 15 ROYAL OAK LANE, 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 ROYAL OAK LANE). 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 ROYAL OAK LANE?

15 ROYAL OAK LANE is located in PIRTON, in the SG5 postcode district. The below map shows the position of No. 15 on ROYAL OAK LANE.