2, MOORMEAD CLOSE, HITCHIN, SG5 2BA - £423,000

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.

2 MOORMEAD CLOSE is a midsized detached house of 117m², built sometime between 1930 and 1949, which could now be worth an estimated £771,592. It was last sold for £423,000 in May 2011, which was around 3% below the average May 2011 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2011, where the current energy rating was E, and the potential energy rating was C.

2 MOORMEAD CLOSE Sold Prices

Land registry data shows one sale for 2 MOORMEAD CLOSE 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 6 MAY	£423,000	£436,294	3% below HPI

What might 2 MOORMEAD CLOSE be worth now?

2 MOORMEAD CLOSE might now be worth an estimated £771,592.

This is based on house price inflation of 82.4%, between May 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 82.4% inflationary increase is applied to the most recent sale price for 2 MOORMEAD CLOSE of £423,000 on 6th May 2011. For the value to have increased from £423,000 to £771,592 over the fifteen years to May 2026, the following assumptions must hold true:

• The value of 2 MOORMEAD CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The May 2011 sale price of £423,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MOORMEAD CLOSE has not materially changed since May 2011.

How Large is 2 MOORMEAD CLOSE?

2 MOORMEAD CLOSE is 117m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 50% of detached houses in Hitchin, based on EPC data. The below chart shows the distribution of detached houses by size in Hitchin, and where 2 MOORMEAD CLOSE lies on this distribution: 41% of detached houses are smaller than 2 MOORMEAD CLOSE, and 59% of detached houses are larger. Note that EPC data is not available for all properties in Hitchin.

2 MOORMEAD CLOSE: Plot

2 MOORMEAD CLOSE sits on a plot of roughly 0.151 of an acre, or 610m².

Where is 2 MOORMEAD CLOSE?

2 MOORMEAD CLOSE is located in HITCHIN, in the SG5 postcode district.