VIEW POINT, SCHOOL LANE, OFFLEY, HITCHIN, SG5 3AZ - £645,000

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.

VIEW POINT is a very large extended detached house of 259m², built sometime between 1950 and 1966, which could now be worth an estimated £1,216,715. It was last sold for £645,000 in June 2007, which was around 53% above the average June 2007 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2014, where the current energy rating was D, and the potential energy rating was C.

VIEW POINT Sold Prices

Land registry data shows two sales for VIEW POINT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two VIEW POINT 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
2007 15 JUN	£645,000	£421,888	53% above HPI
1995 10 MAR	£135,000	£126,834	6% above HPI

VIEW POINT Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two VIEW POINT sales from March 1995 and June 2007 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 1995 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the June 2007 sale, where it rises to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might VIEW POINT be worth now?

VIEW POINT might now be worth an estimated £1,216,715.

This is based on house price inflation of 88.6%, between June 2007 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 88.6% inflationary increase is applied to the most recent sale price for VIEW POINT of £645,000 on 15th June 2007. For the value to have increased from £645,000 to £1,216,715 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of VIEW POINT has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The June 2007 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of VIEW POINT has not materially changed since June 2007.

How Large is VIEW POINT?

VIEW POINT is 259m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses houses in Great Offley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Great Offley, and where VIEW POINT lies on this distribution: 94% of detached houses houses are smaller than VIEW POINT, and 6% of houses are larger. Note that EPC data is not available for all properties in Great Offley.

VIEW POINT: Plot and Title Map

VIEW POINT sits on a plot of roughly 0.305 of an acre, or 1,235m². The below map shows the location of VIEW POINT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of VIEW POINT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is VIEW POINT?

VIEW POINT is located on SCHOOL LANE in OFFLEY, in the SG5 postcode district. The below map shows the position of VIEW POINT on SCHOOL LANE.