2, STIRLING CLOSE, HITCHIN, SG4 0ER - £365,000

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 STIRLING CLOSE is a very small extended terraced house of 78m², built sometime between 1991 and 1995, which could now be worth an estimated £414,983. It was last sold for £365,000 in June 2019, which was around 19% above the average June 2019 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

2 STIRLING CLOSE Sold Prices

Land registry data shows six sales for 2 STIRLING CLOSE 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 STIRLING CLOSE 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
2019 26 JUN	£365,000	£307,217	19% above HPI
2011 17 JUN	£235,000	£197,320	19% above HPI
2005 4 MAR	£198,000	£170,714	16% above HPI
2002 2 MAY	£137,500	£114,827	20% above HPI
1999 25 MAY	£95,000	£74,454	28% above HPI
1997 30 SEP	£83,000	£65,348	27% above HPI

2 STIRLING CLOSE 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 STIRLING CLOSE sales between September 1997 and June 2019 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 2011 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the June 2019 sale, which was also at 19% above the HPI.

What might 2 STIRLING CLOSE be worth now?

2 STIRLING CLOSE might now be worth an estimated £414,983.

This is based on house price inflation of 13.7%, between June 2019 and June 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 13.7% inflationary increase is applied to the most recent sale price for 2 STIRLING CLOSE of £365,000 on 26th June 2019. For the value to have increased from £365,000 to £414,983 over the six years to June 2025, the following assumptions must hold true:

• The value of 2 STIRLING CLOSE has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The June 2019 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 2 STIRLING CLOSE has not materially changed since June 2019.

How Large is 2 STIRLING CLOSE?

2 STIRLING CLOSE is 78m², which includes two extensions, according to the EPC inspection conducted in February 2019. 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 STIRLING CLOSE lies on this distribution: 6% of terraced houses houses are smaller than 2 STIRLING CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

2 STIRLING CLOSE: Plot and Title Map

2 STIRLING CLOSE sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 2 STIRLING CLOSE, 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 STIRLING CLOSE). 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 STIRLING CLOSE?

2 STIRLING CLOSE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 2 on STIRLING CLOSE.