18, THE RIDGEWAY, CODICOTE, HITCHIN, SG4 8YP - £426,000

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.

18 THE RIDGEWAY is a midsized extended semi-detached house of 87m², built sometime between 1967 and 1975, which could now be worth an estimated £472,629. It was last sold for £426,000 in April 2022, which was around 2% below the average April 2022 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was B.

18 THE RIDGEWAY Sold Prices

Land registry data shows one sale for 18 THE RIDGEWAY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2022 8 APR	£426,000	£435,112	2% below HPI

What might 18 THE RIDGEWAY be worth now?

18 THE RIDGEWAY might now be worth an estimated £472,629.

This is based on house price inflation of 10.9%, between April 2022 and April 2026, 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 10.9% inflationary increase is applied to the most recent sale price for 18 THE RIDGEWAY of £426,000 on 8th April 2022. For the value to have increased from £426,000 to £472,629 over the four years to April 2026, the following assumptions must hold true:

• The value of 18 THE RIDGEWAY has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The April 2022 sale price of £426,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE RIDGEWAY has not materially changed since April 2022.

How Large is 18 THE RIDGEWAY?

18 THE RIDGEWAY is 87m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 50% of semi-detached houses in Codicote, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Codicote, and where 18 THE RIDGEWAY lies on this distribution: 44% of semi-detached houses are smaller than 18 THE RIDGEWAY, and 55% of semi-detached houses are larger. Note that EPC data is not available for all properties in Codicote.

18 THE RIDGEWAY: Plot

18 THE RIDGEWAY sits on a plot of roughly 0.049 of an acre, or 197m².

Where is 18 THE RIDGEWAY?

18 THE RIDGEWAY is located in CODICOTE, in the SG4 postcode district.