2, CHAMOMILE WAY, STOTFOLD, HITCHIN, SG5 4NP - £411,000

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.

2 CHAMOMILE WAY is a small semi-detached house of 108m², built in 2012, which could now be worth an estimated £493,406. It was last sold for £411,000 in August 2018, which was around 31% above the average August 2018 semi-detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was B, and the potential energy rating was B.

2 CHAMOMILE WAY Sold Prices

Land registry data shows two sales for 2 CHAMOMILE WAY 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 Central Bedfordshire local authority area for the corresponding sale date. Both of the two 2 CHAMOMILE WAY 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
2018 23 AUG	£411,000	£312,895	31% above HPI
2012 29 JUN	£270,000	£193,825	39% above HPI

2 CHAMOMILE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The two 2 CHAMOMILE WAY sales from June 2012 and August 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 June 2012 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the August 2018 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 2 CHAMOMILE WAY be worth now?

2 CHAMOMILE WAY might now be worth an estimated £493,406.

This is based on house price inflation of 20.1%, between August 2018 and May 2026, for semi-detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.1% inflationary increase is applied to the most recent sale price for 2 CHAMOMILE WAY of £411,000 on 23rd August 2018. For the value to have increased from £411,000 to £493,406 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 2 CHAMOMILE WAY has moved in line with the HPI for semi-detached houses in the Central Bedfordshire local authority area.
• The August 2018 sale price of £411,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHAMOMILE WAY has not materially changed since August 2018.

How Large is 2 CHAMOMILE WAY?

2 CHAMOMILE WAY is 108m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 40% of semi-detached houses houses in Stotfold, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stotfold, and where 2 CHAMOMILE WAY lies on this distribution: 31% of semi-detached houses houses are smaller than 2 CHAMOMILE WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Stotfold.

2 CHAMOMILE WAY: Plot and Title Map

2 CHAMOMILE WAY sits on a plot of roughly 0.040 of an acre, or 163m². The below map shows the location of 2 CHAMOMILE WAY, 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 2 CHAMOMILE WAY). 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 2 CHAMOMILE WAY?

2 CHAMOMILE WAY is located in STOTFOLD, in the SG5 postcode district. The below map shows the position of No. 2 on CHAMOMILE WAY.