VILLA 1, 12, TITHE CLOSE, CODICOTE, HITCHIN, SG4 8UX - £310,000

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.

VILLA 1 is a midsized extended terraced house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £357,525. It was last sold for £310,000 in June 2021, which was around 5% below the average June 2021 terraced price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

VILLA 1 Sold Prices

Land registry data shows one sale for VILLA 1 since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2021 30 JUN	£310,000	£327,727	5% below HPI

What might VILLA 1 be worth now?

VILLA 1 might now be worth an estimated £357,525.

This is based on house price inflation of 15.3%, between June 2021 and July 2026, for terraced 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 15.3% inflationary increase is applied to the most recent sale price for VILLA 1 of £310,000 on 30th June 2021. For the value to have increased from £310,000 to £357,525 over the four years and eleven months to July 2026, the following assumptions must hold true:

• The value of VILLA 1 has moved in line with the HPI for terraced houses in the North Hertfordshire local authority area.
• The June 2021 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of VILLA 1 has not materially changed since June 2021.

How Large is VILLA 1?

VILLA 1 is 58m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 50% of terraced houses in Codicote, based on EPC data. The below chart shows the distribution of terraced houses by size in Codicote, and where VILLA 1 lies on this distribution: 44% of terraced houses are smaller than VILLA 1, and 55% of terraced houses are larger. Note that EPC data is not available for all properties in Codicote.

VILLA 1: Plot

VILLA 1 sits on a plot of roughly 0.071 of an acre, or 289m².