2, Peggles Lane
2, Peggles Lane
Description & Estimates
2, Peggles Lane, Hitchin is recorded publicly as a modern freehold house across 1,237 ft2 of internal area, sitting on a 142 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Peggles Lane, Hitchin is £428,369 and its rental estimate is £1,960 per month, given the available information and assuming reasonable condition.
Peggles Lane, Stotfold, Hitchin, SG5 falls within the SG5 postal district.
Our Data Sources
2, Peggles Lane, Hitchin has 3 entries in the Land Registry , most recently in December 2019 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Peggles Lane, Hitchin, we estimate a market value of £449,787 and a rental value of £2,058 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £398,383 and £1,823 per month respectively.
Recent Market Change
Over the last year, 2, Peggles Lane, Hitchin has seen its estimated sale value fall by £9,358 (2.2%) and its estimated rental value move up by £17 per month (0.9%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 2, Peggles Lane, Hitchin as measuring 142 m2.
That makes it the 2nd largest plot in the postcode, where 2 of the 6 other houses have recorded plot data.
Energy Efficiency
2, Peggles Lane, Hitchin has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2019.
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 2, Peggles Lane, Hitchin completed on 19th December 2019 at £350,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 47.5% over the period since December 2019.
- Sold Dec 2019£350,000
- Sold Jul 2013£250,000
- Sold Nov 2009£246,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Peggles Lane, Hitchin have sold within a radius of 960 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd October 2022, was 30, Comfrey Road, Hitchin, SG5 4ER, a freehold house which sold for £410,000.
Read more about house prices in SG5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 6 addresses on Peggles Lane, Stotfold, Hitchin, SG5, 2, Peggles Lane, Hitchin comes out as the largest and the most expensive in our analysis of the public data.
It is also £27k less expensive than the average property across the SG5 district.
More reading links
Schools Nearby
- 800mRoecroft Lower School
- 1.2kmFairfield Park Lower School
- 1.3kmSt Mary's CofE Academy Stotfold
- 3.7kmFearnhill School
- 4.0kmHenlow Church of England Academy
- 4.0kmThe Knights Templar School
More reading links
Public Transport Nearby
From 2, Peggles Lane, Hitchin, the nearest station is Arlesey, 2.7 kilometres away.
- 2.7kmArlesey
- 3.3kmLetchworth Garden City
- 3.9kmBaldock
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
