16, THE CHESTNUTS, CODICOTE, HITCHIN, SG4 8XR - £350,000

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.

16 THE CHESTNUTS is a small extended detached house of 106m², built sometime between 1967 and 1975, which could now be worth an estimated £662,123. It was last sold for £350,000 in August 2011, which was around 17% below the average August 2011 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2011, where the current energy rating was E, and the potential energy rating was C.

16 THE CHESTNUTS Sold Prices

Land registry data shows one sale for 16 THE CHESTNUTS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 12 AUG	£350,000	£420,684	17% below HPI

What might 16 THE CHESTNUTS be worth now?

16 THE CHESTNUTS might now be worth an estimated £662,123.

This is based on house price inflation of 89.2%, between August 2011 and May 2026, 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 89.2% inflationary increase is applied to the most recent sale price for 16 THE CHESTNUTS of £350,000 on 12th August 2011. For the value to have increased from £350,000 to £662,123 over the fifteen years and three months to May 2026, the following assumptions must hold true:

• The value of 16 THE CHESTNUTS has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The August 2011 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 16 THE CHESTNUTS has not materially changed since August 2011.

How Large is 16 THE CHESTNUTS?

16 THE CHESTNUTS is 106m², which includes one extension, according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Codicote, based on EPC data. The below chart shows the distribution of detached houses by size in Codicote, and where 16 THE CHESTNUTS lies on this distribution: 23% of detached houses are smaller than 16 THE CHESTNUTS, and 76% of detached houses are larger. Note that EPC data is not available for all properties in Codicote.

16 THE CHESTNUTS: Plot

16 THE CHESTNUTS sits on a plot of roughly 0.090 of an acre, or 363m².

Where is 16 THE CHESTNUTS?

16 THE CHESTNUTS is located in CODICOTE, in the SG4 postcode district.