23, REDHILL ROAD, HITCHIN, SG5 2NQ - £292,500

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.

23 REDHILL ROAD is a very small terraced house of 88m², built sometime between 1930 and 1949, which could now be worth an estimated £337,858. It was last sold for £292,500 in March 2018, which was around 6% below the average March 2018 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was C.

23 REDHILL ROAD Sold Prices

Land registry data shows three sales for 23 REDHILL ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. Two of the three 23 REDHILL ROAD sales were for below the average price, whilst one was 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 MAR	£292,500	£311,407	6% below HPI
2003 8 APR	£160,000	£141,731	13% above HPI
1996 15 NOV	£53,000	£57,261	7% below HPI

23 REDHILL ROAD 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 three 23 REDHILL ROAD sales between November 1996 and March 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 April 2003 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2018 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 23 REDHILL ROAD be worth now?

23 REDHILL ROAD might now be worth an estimated £337,858.

This is based on house price inflation of 15.5%, between March 2018 and July 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 15.5% inflationary increase is applied to the most recent sale price for 23 REDHILL ROAD of £292,500 on 23rd March 2018. For the value to have increased from £292,500 to £337,858 over the six years and eight months to July 2025, the following assumptions must hold true:

• The value of 23 REDHILL ROAD has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The March 2018 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 23 REDHILL ROAD has not materially changed since March 2018.

How Large is 23 REDHILL ROAD?

23 REDHILL ROAD is 88m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% 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 23 REDHILL ROAD lies on this distribution: 13% of terraced houses houses are smaller than 23 REDHILL ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

23 REDHILL ROAD: Plot and Title Map

23 REDHILL ROAD sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 23 REDHILL ROAD, 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 23 REDHILL ROAD). 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 23 REDHILL ROAD?

23 REDHILL ROAD is located in HITCHIN, in the SG5 postcode district. The below map shows the position of No. 23 on REDHILL ROAD.