5, MILL CLOSE, STOTFOLD, HITCHIN, SG5 4AB - £385,000

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 MILL CLOSE is a detached house, which could now be worth an estimated £457,814. It was last sold for £385,000 in August 2019, which was around 25% below the average August 2019 detached price in the Central Bedfordshire local authority area.

5 MILL CLOSE Sold Prices

Land registry data shows two sales for 5 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. Both of the two 5 MILL CLOSE sales were for below 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
2019 9 AUG	£385,000	£510,274	25% below HPI
2016 27 MAY	£365,000	£464,668	21% below HPI

What might 5 MILL CLOSE be worth now?

5 MILL CLOSE might now be worth an estimated £457,814.

This is based on house price inflation of 18.9%, between August 2019 and May 2026, for detached houses, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.9% inflationary increase is applied to the most recent sale price for 5 MILL CLOSE of £385,000 on 9th August 2019. For the value to have increased from £385,000 to £457,814 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of 5 MILL CLOSE has moved in line with the HPI for detached houses in the Central Bedfordshire local authority area.
• The August 2019 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MILL CLOSE has not materially changed since August 2019.

Where is 5 MILL CLOSE?

5 MILL CLOSE is located in STOTFOLD, in the SG5 postcode district.