5, ELM TREE FARM CLOSE, PIRTON, HITCHIN, SG5 3QY - £1,100,000

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.

5 ELM TREE FARM CLOSE is a very large extended semi-detached house of 229m², built sometime between 2003 and 2006, which could now be worth an estimated £1,236,319. It was last sold for £1,100,000 in June 2021, which was around 168% above the average June 2021 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was C, and the potential energy rating was B.

5 ELM TREE FARM CLOSE Sold Prices

Land registry data shows three sales for 5 ELM TREE FARM CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 5 ELM TREE FARM CLOSE 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
2021 18 JUN	£1,100,000	£410,655	168% above HPI
2016 19 JAN	£820,000	£355,998	130% above HPI
2007 9 FEB	£585,000	£244,201	140% above HPI

5 ELM TREE FARM CLOSE 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 three 5 ELM TREE FARM CLOSE sales between February 2007 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 January 2016 sale was for 130% above the HPI. So the extrapolation line tracks at 130% above the HPI over time, until the June 2021 sale, where it rises to 168% above the HPI. The line then continues to track at 168% above the HPI.

What might 5 ELM TREE FARM CLOSE be worth now?

5 ELM TREE FARM CLOSE might now be worth an estimated £1,236,319.

This is based on house price inflation of 12.4%, between June 2021 and February 2025, 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 12.4% inflationary increase is applied to the most recent sale price for 5 ELM TREE FARM CLOSE of £1,100,000 on 18th June 2021. For the value to have increased from £1,100,000 to £1,236,319 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 5 ELM TREE FARM CLOSE has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The June 2021 sale price of £1,100,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ELM TREE FARM CLOSE has not materially changed since June 2021.

How Large is 5 ELM TREE FARM CLOSE?

5 ELM TREE FARM CLOSE is 229m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 10% of semi-detached houses houses in Pirton, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Pirton, and where 5 ELM TREE FARM CLOSE lies on this distribution: 91% of semi-detached houses houses are smaller than 5 ELM TREE FARM CLOSE, and 9% of houses are larger. Note that EPC data is not available for all properties in Pirton.

5 ELM TREE FARM CLOSE: Plot and Title Map

5 ELM TREE FARM CLOSE sits on a plot of roughly 0.232 of an acre, or 939m². The below map shows the location of 5 ELM TREE FARM CLOSE, 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 5 ELM TREE FARM CLOSE). 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 5 ELM TREE FARM CLOSE?

5 ELM TREE FARM CLOSE is located in PIRTON, in the SG5 postcode district. The below map shows the position of No. 5 on ELM TREE FARM CLOSE.