1A, WATER LANE, HITCHIN, SG5 1TX - £206,500

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.

1A WATER LANE is a very small semi-detached house of 56m², built sometime from 2007 onwards, which could now be worth an estimated £368,354. It was last sold for £206,500 in August 2013, which was around 20% below the average August 2013 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2009, where the current energy rating was B, and the potential energy rating was B.

1A WATER LANE Sold Prices

Land registry data shows two sales for 1A WATER LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 1A WATER 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
2013 9 AUG	£206,500	£257,575	20% below HPI
2009 29 MAY	£180,000	£219,027	18% below HPI

1A WATER LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 1A WATER LANE sales from May 2009 and August 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 May 2009 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2013 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1A WATER LANE be worth now?

1A WATER LANE might now be worth an estimated £368,354.

This is based on house price inflation of 78.4%, between August 2013 and July 2025, for semi-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 78.4% inflationary increase is applied to the most recent sale price for 1A WATER LANE of £206,500 on 9th August 2013. For the value to have increased from £206,500 to £368,354 over the twelve years and one month to July 2025, the following assumptions must hold true:

• The value of 1A WATER LANE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The August 2013 sale price of £206,500 represented a fair market value for the property.
• The size, condition, and specification of 1A WATER LANE has not materially changed since August 2013.

How Large is 1A WATER LANE?

1A WATER LANE is 56m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 10% of semi-detached houses houses in Hitchin, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Hitchin, and where 1A WATER LANE lies on this distribution: 1% of semi-detached houses houses are smaller than 1A WATER LANE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

1A WATER LANE: Plot and Title Map

1A WATER LANE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 1A WATER 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 1A WATER 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 1A WATER LANE?

1A WATER LANE is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 1A on WATER LANE.