3, NEW TOWN, CODICOTE, HITCHIN, SG4 8UG - £126,500

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.

3 NEW TOWN is a very small extended semi-detached house of 50m², built sometime before 1900, which could now be worth an estimated £405,248. It was last sold for £126,500 in May 2002, which was around 16% below the average May 2002 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

3 NEW TOWN Sold Prices

Land registry data shows two sales for 3 NEW TOWN since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. One of the two 3 NEW TOWN sales was for below the average price, whilst the other 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
2002 10 MAY	£126,500	£150,689	16% below HPI
1997 16 MAY	£82,500	£75,590	9% above HPI

3 NEW TOWN 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 two 3 NEW TOWN sales from May 1997 and May 2002 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 May 1997 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the May 2002 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 3 NEW TOWN be worth now?

3 NEW TOWN might now be worth an estimated £405,248.

This is based on house price inflation of 220.4%, between May 2002 and April 2026, 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 220.4% inflationary increase is applied to the most recent sale price for 3 NEW TOWN of £126,500 on 10th May 2002. For the value to have increased from £126,500 to £405,248 over the 24 years and one month to April 2026, the following assumptions must hold true:

• The value of 3 NEW TOWN has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The May 2002 sale price of £126,500 represented a fair market value for the property.
• The size, condition, and specification of 3 NEW TOWN has not materially changed since May 2002.

How Large is 3 NEW TOWN?

3 NEW TOWN is 50m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of semi-detached houses houses in Codicote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Codicote, and where 3 NEW TOWN lies on this distribution: 2% of semi-detached houses houses are smaller than 3 NEW TOWN, and 98% of houses are larger. Note that EPC data is not available for all properties in Codicote.

3 NEW TOWN: Plot and Title Map

3 NEW TOWN sits on a plot of roughly 0.037 of an acre, or 151m². The below map shows the location of 3 NEW TOWN, 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 NEW TOWN). 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 NEW TOWN?

3 NEW TOWN is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 3 on NEW TOWN.