5, OLD SCHOOL CLOSE, CODICOTE, HITCHIN, SG4 8YJ - £300,000

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 OLD SCHOOL CLOSE is a small flat of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £321,036. It was last sold for £300,000 in August 2020, which was around 42% above the average August 2020 flat price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2012, where the current energy rating was D, and the potential energy rating was C.

5 OLD SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 5 OLD SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 5 OLD SCHOOL CLOSE 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
2020 13 AUG	£300,000	£211,909	42% above HPI
2013 13 MAY	£191,000	£143,633	33% above HPI

What might 5 OLD SCHOOL CLOSE be worth now?

5 OLD SCHOOL CLOSE might now be worth an estimated £321,036.

This is based on house price inflation of 7%, between August 2020 and April 2026, for flats, 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 7% inflationary increase is applied to the most recent sale price for 5 OLD SCHOOL CLOSE of £300,000 on 13th August 2020. For the value to have increased from £300,000 to £321,036 over the six years and four months to April 2026, the following assumptions must hold true:

• The value of 5 OLD SCHOOL CLOSE has moved in line with the HPI for flats in the North Hertfordshire local authority area.
• The August 2020 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OLD SCHOOL CLOSE has not materially changed since August 2020.

How Large is 5 OLD SCHOOL CLOSE?

5 OLD SCHOOL CLOSE is 55m² according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of flats in Codicote, based on EPC data. 38% of flats are smaller than 5 OLD SCHOOL CLOSE, and 62% of flats are larger. Note that EPC data is not available for all properties in Codicote.

5 OLD SCHOOL CLOSE: Plot

5 OLD SCHOOL CLOSE sits on a plot of roughly 0.050 of an acre, or 201m².

Where is 5 OLD SCHOOL CLOSE?

5 OLD SCHOOL CLOSE is located in CODICOTE, in the SG4 postcode district.