Water Lane - SG5 1TX
Key Street Insights
Water Lane is a residential street with 14 addresses.
It ranks as the 180th largest and 285th most expensive of the 498 streets in the SG5 area. The most common property type is a modern house built after 1980.
The street contains a total of 14 properties: 10 houses and 4 flats.
- Ave. Sale Price
- £425,317
- 10 Year change
- up 19.3%
- Ave. Rental Price
- £1,751pcm
- 10 Year change
- up 48.7%
- Ave. £ per ft²
- £527/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Street Insights
Water Lane is a residential street with 14 addresses.
It ranks as the 180th largest and 285th most expensive of the 498 streets in the SG5 area. The most common property type is a modern house built after 1980.
The street contains a total of 14 properties: 10 houses and 4 flats.
- Ave. Sale Price
- £425,317
- 10 Year change
- up 19.3%
- Ave. Rental Price
- £1,751pcm
- 10 Year change
- up 48.7%
- Ave. £ per ft²
- £527/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertieson Water Lane, Hitchin, SG5
- Hullsview
Building  |  4 Flats
- The Elms
3 Bed Modern House
- The Maples
3 Bed Modern House
- The Oaks
3 Bed Modern House
- The Willows
4 Bed Modern House
Sales Market Trends
The last sale on Water Lane sold for £520,000 on 15th July 2025. Since then prices are down an average of 1.6%.
The current average value in the street is £425,317.
The Water Lane Sales Market has increased by 19.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £425,317 |
| June 2025 | 0.7% | £432,055 |
| June 2024 | 0.5% | £428,864 |
| June 2023 | 1.8% | £426,617 |
| June 2022 | 5.3% | £419,005 |
| June 2021 | 5.1% | £397,846 |
| June 2020 | 1.6% | £378,661 |
| June 2019 | -0.3% | £372,560 |
| June 2018 | 0% | £373,643 |
| June 2017 | 4.9% | £373,757 |
| June 2016 | 12.7% | £356,462 |
| June 2015 | 11.2% | £316,327 |
| June 2014 | 13.5% | £284,444 |
| June 2013 | 2.6% | £250,565 |
| June 2012 | 0.7% | £244,294 |
| June 2011 | 2% | £242,524 |
| June 2010 | 12.7% | £237,689 |
| June 2009 | -13.7% | £210,935 |
| June 2008 | -1.7% | £244,363 |
| June 2007 | 0% | £248,562 |
Rental Market Trends
The current average rental value in the street is £1,751.
The Water Lane Rental Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.1% | £1,751pcm |
| June 2025 | 3.8% | £1,715pcm |
| June 2024 | 9% | £1,652pcm |
| June 2023 | 12% | £1,516pcm |
| June 2022 | 7.4% | £1,354pcm |
| June 2021 | 5.1% | £1,261pcm |
| June 2020 | 2.4% | £1,200pcm |
| June 2019 | -0.5% | £1,172pcm |
| June 2018 | -1.6% | £1,178pcm |
| June 2017 | 1.7% | £1,197pcm |
| June 2016 | 7% | £1,177pcm |
| June 2015 | 7.7% | £1,100pcm |
| June 2014 | 4.5% | £1,021pcm |
| June 2013 | 2.7% | £977pcm |
| June 2012 | 2.6% | £952pcm |
| June 2011 | 3.3% | £927pcm |
| June 2010 | 6.2% | £897pcm |
| June 2009 | -6.3% | £845pcm |
| June 2008 | 1.7% | £902pcm |
| June 2007 | 0% | £887pcm |
Sales History
The last sale was on 15th July 2025 for £520,000 and since then the market in the area has decreased by 1.6%. The street has had a total of 31 sales since 1995.
Water Lane, Hitchin, SG5 has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£520,000 | 3 Bed HouseThe Maples, Water Lane, Hitchin, SG5 1TXThe Maples, Water Lane, Hitchin, SG5 1TX
- Sold Apr 2025£490,000 | 3 Bed House2, Water Lane, Hitchin, SG5 1TX2, Water Lane, Hitchin, SG5 1TX
- Sold Nov 2024£492,000 | 3 Bed House1, Water Lane, Hitchin, SG5 1TX1, Water Lane, Hitchin, SG5 1TX
- Sold Sep 2024£490,000 | 3 Bed House3, Water Lane, Hitchin, SG5 1TX3, Water Lane, Hitchin, SG5 1TX
- Sold Jul 2022£600,000 | 3 Bed HouseThe Oaks, Water Lane, Hitchin, SG5 1TXThe Oaks, Water Lane, Hitchin, SG5 1TX
Top 3 Most Expensive Sales
- Sold Jul 2022£600,000 | 3 Bed HouseThe Oaks, Water Lane, Hitchin, SG5 1TXThe Oaks, Water Lane, Hitchin, SG5 1TX
- Sold Jul 2025£520,000 | 3 Bed HouseThe Maples, Water Lane, Hitchin, SG5 1TXThe Maples, Water Lane, Hitchin, SG5 1TX
- Sold Nov 2024£492,000 | 3 Bed House1, Water Lane, Hitchin, SG5 1TX1, Water Lane, Hitchin, SG5 1TX
Nearby Streets
Water Lane, Hitchin, SG5 is the 180th largest and the 285th most expensive street in the SG5 area.
- Grove Road, Hitchin, SG5129 Addresses|54 m away
- Periwinkle Lane, Hitchin, SG589 Addresses|69 m away
- St. Augustine Close, Hitchin, SG56 Addresses|103 m away
- Baliol Road, Hitchin, SG551 Addresses|129 m away
- Alexandra Road, Hitchin, SG533 Addresses|184 m away
- Stormont Road, Hitchin, SG544 Addresses|216 m away
Property Types
- 3 period houses built between 1800 and 1911
- 7 modern houses built after 1980
- 4 mid-century flats built between 1936 and 1979
- period house (3)
- modern house (7)
- mid-century flat (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (2)
- F (0)
- C (7)
- G (0)
- D (5)
- No EPC (0)
Schools Nearby
- Wilshere-Dacre Junior Academy600 m away
- Strathmore Infant and Nursery School700 m away
- St Andrew's Church of England Voluntary Aided Primary School, Hitchin800 m away
- Hitchin Boys' School700 m away
- Hitchin Girls' School900 m away
- The Priory School1.0 km away
More reading links
Public Transport Nearby
The closest station to Water Lane, Hitchin, SG5 - SG5 1TX is Hitchin station, which is 700 metres away.
- Hitchin|700 m away
- Letchworth Garden City|4.0 km away
- Baldock|7.1 km away