43, NEW TOWN, CODICOTE, HITCHIN, SG4 8UQ - £342,500

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.

43 NEW TOWN is a very small extended terraced house of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £376,719. It was last sold for £342,500 in February 2022, which was about the average February 2022 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

43 NEW TOWN Sold Prices

Land registry data shows four sales for 43 NEW TOWN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North Hertfordshire local authority area for the corresponding sale date. The four 43 NEW TOWN sales were a mix of roughly equal to the average price, and 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 16 FEB	£342,500	£343,363	Close to HPI
2017 25 AUG	£312,500	£305,759	2% above HPI
2001 21 SEP	£123,250	£109,080	13% above HPI
1996 5 JUL	£65,000	£55,882	16% above HPI

43 NEW TOWN 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 four 43 NEW TOWN sales between July 1996 and February 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 2017 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2022 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 43 NEW TOWN be worth now?

43 NEW TOWN might now be worth an estimated £376,719.

This is based on house price inflation of 10%, between February 2022 and April 2026, 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 10% inflationary increase is applied to the most recent sale price for 43 NEW TOWN of £342,500 on 16th February 2022. For the value to have increased from £342,500 to £376,719 over the three years and ten months to April 2026, the following assumptions must hold true:

• The value of 43 NEW TOWN has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The February 2022 sale price of £342,500 represented a fair market value for the property.
• The size, condition, and specification of 43 NEW TOWN has not materially changed since February 2022.

How Large is 43 NEW TOWN?

43 NEW TOWN is 58m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of terraced houses houses in Codicote, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Codicote, and where 43 NEW TOWN lies on this distribution: 4% of terraced houses houses are smaller than 43 NEW TOWN, and 96% of houses are larger. Note that EPC data is not available for all properties in Codicote.

43 NEW TOWN: Plot and Title Map

43 NEW TOWN sits on a plot of roughly 0.012 of an acre, or 47m². The below map shows the location of 43 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 43 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 43 NEW TOWN?

43 NEW TOWN is located in CODICOTE, in the SG4 postcode district. The below map shows the position of No. 43 on NEW TOWN.