OAKWAYS, NEWLANDS LANE, HITCHIN, SG4 9BB - £1,175,000

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.

OAKWAYS is a small extended detached house of 179m², built sometime between 1950 and 1966, which could now be worth an estimated £1,206,524. It was last sold for £1,175,000 in May 2024, which was around 57% above the average May 2024 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was C.

OAKWAYS Sold Prices

Land registry data shows two sales for OAKWAYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two OAKWAYS 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
2024 29 MAY	£1,175,000	£748,141	57% above HPI
2012 5 NOV	£635,000	£441,585	44% above HPI

OAKWAYS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two OAKWAYS sales from November 2012 and May 2024 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 November 2012 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the May 2024 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might OAKWAYS be worth now?

OAKWAYS might now be worth an estimated £1,206,524.

This is based on house price inflation of 2.7%, between May 2024 and July 2025, for 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 2.7% inflationary increase is applied to the most recent sale price for OAKWAYS of £1,175,000 on 29th May 2024. For the value to have increased from £1,175,000 to £1,206,524 over the ten months to July 2025, the following assumptions must hold true:

• The value of OAKWAYS has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The May 2024 sale price of £1,175,000 represented a fair market value for the property.
• The size, condition, and specification of OAKWAYS has not materially changed since May 2024.

How Large is OAKWAYS?

OAKWAYS is 179m², which includes four extensions, according to the EPC inspection conducted in May 2023. This puts it in the smallest 40% of detached houses houses in Gosmore, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gosmore, and where OAKWAYS lies on this distribution: 39% of detached houses houses are smaller than OAKWAYS, and 61% of houses are larger. Note that EPC data is not available for all properties in Gosmore.

OAKWAYS: Plot and Title Map

OAKWAYS sits on a plot of roughly 0.382 of an acre, or 1,547m². The below map shows the location of OAKWAYS, 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 OAKWAYS). 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 OAKWAYS?

OAKWAYS is located on NEWLANDS LANE in HITCHIN, in the SG4 postcode district. The below map shows the position of OAKWAYS on NEWLANDS LANE.