1, Water Lane
1, Water Lane
Description & Estimates
1, Water Lane, Hitchin is recorded publicly as a period freehold house across 904 ft2 of internal area, sitting on a 67.9 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Water Lane, Hitchin is £489,835 and its rental estimate is £1,922 per month, given the available information and assuming reasonable condition.
Water Lane, Hitchin, SG5 falls within the SG5 postal district, in the borough of North Hertfordshire.
Our Data Sources
1, Water Lane, Hitchin has 2 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Water Lane, Hitchin, we estimate a market value of £514,327 and a rental value of £2,018 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £455,547 and £1,787 per month respectively.
Recent Market Change
Over the last year, 1, Water Lane, Hitchin has seen its estimated sale value decrease by £4,680 (1.0%) and its estimated rental value grow by £50 per month (2.6%). This results in an estimated gross rental yield of 4.7%.
Plot Size
HM Land Registry records the plot of land for 1, Water Lane, Hitchin as measuring 68 m2.
That makes it the 9th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
1, Water Lane, Hitchin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Water Lane, Hitchin completed on 4th November 2024 at £492,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 13.1% over the period since November 2024.
- Sold Nov 2024£492,000
- Sold Oct 2010£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Water Lane, Hitchin have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th April 2025, was 2, Water Lane, Hitchin, SG5 1TX, a freehold house which sold for £490,000.
Read more about house prices in SG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Similar Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 3 lets of properties comparable to 1, Water Lane, Hitchin, all within 480 metres.
The latest, in May 2025, was 22, Kings Road, Hitchin, SG5 1RD, a freehold house let by The Letting Quarter.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 14 addresses on Water Lane, Hitchin, SG5, 1, Water Lane, Hitchin comes out as the 6th largest and the 7th most expensive in our analysis of the public data.
It is also £34k more expensive than the average property across the SG5 district.
More reading links
Schools Nearby
- 600mWilshere-Dacre Junior Academy
- 700mStrathmore Infant and Nursery School
- 800mSt Andrew's Church of England Voluntary Aided Primary School, Hitchin
- 700mHitchin Boys' School
- 900mHitchin Girls' School
- 1.0kmThe Priory School
More reading links
Public Transport Nearby
From 1, Water Lane, Hitchin, the nearest station is Hitchin, 700 metres away.
- 700mHitchin
- 4.0kmLetchworth Garden City
- 7.1kmBaldock
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
