2, STORE HOUSE LANE, HITCHIN, SG4 9AB - £297,500

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.

2 STORE HOUSE LANE is a very small semi-detached house of 75m², built sometime between 1900 and 1929, which could now be worth an estimated £512,788. It was last sold for £297,500 in January 2014, which was around 9% above the average January 2014 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2008, where the current energy rating was F, and the potential energy rating was E.

2 STORE HOUSE LANE Sold Prices

Land registry data shows three sales for 2 STORE HOUSE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. Two of the three 2 STORE HOUSE LANE sales were for above the average price, whilst one was 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
2014 3 JAN	£297,500	£273,266	9% above HPI
2011 19 APR	£250,000	£246,210	2% above HPI
2005 22 JUL	£212,500	£220,731	4% below HPI

2 STORE HOUSE 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 three 2 STORE HOUSE LANE sales between July 2005 and January 2014 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 April 2011 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the January 2014 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

What might 2 STORE HOUSE LANE be worth now?

2 STORE HOUSE LANE might now be worth an estimated £512,788.

This is based on house price inflation of 72.4%, between January 2014 and March 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 72.4% inflationary increase is applied to the most recent sale price for 2 STORE HOUSE LANE of £297,500 on 3rd January 2014. For the value to have increased from £297,500 to £512,788 over the ten years and ten months to March 2025, the following assumptions must hold true:

• The value of 2 STORE HOUSE LANE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The January 2014 sale price of £297,500 represented a fair market value for the property.
• The size, condition, and specification of 2 STORE HOUSE LANE has not materially changed since January 2014.

How Large is 2 STORE HOUSE LANE?

2 STORE HOUSE LANE is 75m² according to the EPC inspection conducted in October 2008. 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 2 STORE HOUSE LANE lies on this distribution: 5% of semi-detached houses houses are smaller than 2 STORE HOUSE LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

2 STORE HOUSE LANE: Plot and Title Map

2 STORE HOUSE LANE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 2 STORE HOUSE 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 2 STORE HOUSE 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 2 STORE HOUSE LANE?

2 STORE HOUSE LANE is located in HITCHIN, in the SG4 postcode district. The below map shows the position of No. 2 on STORE HOUSE LANE.