3, LEICESTER COTTAGES, NIGHTINGALE ROAD, HITCHIN, SG5 1RN - £327,000

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.

3 LEICESTER COTTAGES is a very small extended terraced house of 60m², built sometime between 1900 and 1929, which could now be worth an estimated £370,516. It was last sold for £327,000 in June 2021, which was about the average June 2021 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was A.

3 LEICESTER COTTAGES Sold Prices

Land registry data shows five sales for 3 LEICESTER COTTAGES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. The five 3 LEICESTER COTTAGES sales were a mix of roughly equal to the average price, and 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
2021 22 JUN	£327,000	£327,727	Close to HPI
2013 1 FEB	£184,046	£205,448	10% below HPI
2007 18 APR	£169,000	£199,296	15% below HPI
2001 14 DEC	£107,000	£107,307	Close to HPI
1999 23 APR	£69,995	£72,630	4% below HPI

3 LEICESTER COTTAGES 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 five 3 LEICESTER COTTAGES sales between April 1999 and June 2021 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 February 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the June 2021 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 3 LEICESTER COTTAGES be worth now?

3 LEICESTER COTTAGES might now be worth an estimated £370,516.

This is based on house price inflation of 13.3%, between June 2021 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 13.3% inflationary increase is applied to the most recent sale price for 3 LEICESTER COTTAGES of £327,000 on 22nd June 2021. For the value to have increased from £327,000 to £370,516 over the three years and ten months to August 2025, the following assumptions must hold true:

• The value of 3 LEICESTER COTTAGES has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The June 2021 sale price of £327,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LEICESTER COTTAGES has not materially changed since June 2021.

How Large is 3 LEICESTER COTTAGES?

3 LEICESTER COTTAGES is 60m², which includes one extension, according to the EPC inspection conducted in July 2012. 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 3 LEICESTER COTTAGES lies on this distribution: 1% of terraced houses houses are smaller than 3 LEICESTER COTTAGES, and 99% of houses are larger. Note that EPC data is not available for all properties in Hitchin.

3 LEICESTER COTTAGES: Plot and Title Map

3 LEICESTER COTTAGES sits on a plot of roughly 0.015 of an acre, or 62m². The below map shows the location of 3 LEICESTER COTTAGES, 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 3 LEICESTER COTTAGES). 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 3 LEICESTER COTTAGES?

3 LEICESTER COTTAGES is located on NIGHTINGALE ROAD in HITCHIN, in the SG5 postcode district. The below map shows the position of 3 LEICESTER COTTAGES on NIGHTINGALE ROAD.