2, RUSSELLS SLIP, HITCHIN, SG5 2BJ - £240,000

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 RUSSELLS SLIP is a very small terraced house of 43m², built sometime before 1900, which could now be worth an estimated £248,581. It was last sold for £240,000 in October 2022, which was around 33% below the average October 2022 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

2 RUSSELLS SLIP Sold Prices

Land registry data shows six sales for 2 RUSSELLS SLIP since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. All of the six 2 RUSSELLS SLIP 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
2022 27 OCT	£240,000	£358,522	33% below HPI
2014 28 NOV	£195,000	£244,361	20% below HPI
2007 20 JUL	£184,000	£199,955	8% below HPI
2006 24 FEB	£140,500	£177,178	21% below HPI
2002 14 JUN	£96,000	£118,985	19% below HPI
1998 11 DEC	£59,995	£76,738	22% below HPI

2 RUSSELLS SLIP 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 six 2 RUSSELLS SLIP sales between December 1998 and October 2022 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 2014 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2022 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 2 RUSSELLS SLIP be worth now?

2 RUSSELLS SLIP might now be worth an estimated £248,581.

This is based on house price inflation of 3.6%, between October 2022 and August 2025, 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 3.6% inflationary increase is applied to the most recent sale price for 2 RUSSELLS SLIP of £240,000 on 27th October 2022. For the value to have increased from £240,000 to £248,581 over the three years and two months to August 2025, the following assumptions must hold true:

• The value of 2 RUSSELLS SLIP has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The October 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RUSSELLS SLIP has not materially changed since October 2022.

How Large is 2 RUSSELLS SLIP?

2 RUSSELLS SLIP is 43m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of terraced houses houses in Hitchin, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hitchin, and where 2 RUSSELLS SLIP lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 RUSSELLS SLIP, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

2 RUSSELLS SLIP: Plot and Title Map

2 RUSSELLS SLIP sits on a plot of roughly 0.006 of an acre, or 26m². The below map shows the location of 2 RUSSELLS SLIP, 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 RUSSELLS SLIP). 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 RUSSELLS SLIP?

2 RUSSELLS SLIP is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 2 on RUSSELLS SLIP.