41, GARDEN FIELDS, OFFLEY, HITCHIN, SG5 3DF - £390,000

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.

41 GARDEN FIELDS is a very small terraced house of 72m², which could now be worth an estimated £387,514. It was last sold for £390,000 in June 2022, which was around 11% above the average June 2022 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2016, where the current energy rating was B, and the potential energy rating was A.

41 GARDEN FIELDS Sold Prices

Land registry data shows two sales for 41 GARDEN FIELDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 41 GARDEN FIELDS 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
2022 1 JUN	£390,000	£351,528	11% above HPI
2016 23 AUG	£310,000	£299,599	3% above HPI

41 GARDEN FIELDS 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 two 41 GARDEN FIELDS sales from August 2016 and June 2022 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 August 2016 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the June 2022 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 41 GARDEN FIELDS be worth now?

41 GARDEN FIELDS might now be worth an estimated £387,514.

This is based on house price deflation of 0.6%, between June 2022 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 0.6% deflationary decrease is applied to the most recent sale price for 41 GARDEN FIELDS of £390,000 on 1st June 2022. For the value to have decreased from £390,000 to £387,514 over the three years to June 2025, the following assumptions must hold true:

• The value of 41 GARDEN FIELDS has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The June 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 41 GARDEN FIELDS has not materially changed since June 2022.

How Large is 41 GARDEN FIELDS?

41 GARDEN FIELDS is 72m² according to the EPC inspection conducted in August 2016. This puts it in the smallest 10% of terraced houses houses in Great Offley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Great Offley, and where 41 GARDEN FIELDS lies on this distribution: 4% of terraced houses houses are smaller than 41 GARDEN FIELDS, and 96% of houses are larger. Note that EPC data is not available for all properties in Great Offley.

41 GARDEN FIELDS: Plot and Title Map

41 GARDEN FIELDS sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 41 GARDEN FIELDS, 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 41 GARDEN FIELDS). 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 41 GARDEN FIELDS?

41 GARDEN FIELDS is located in OFFLEY, in the SG5 postcode district. The below map shows the position of No. 41 on GARDEN FIELDS.