39, Drovers Lane
39, Drovers Lane
Description & Estimates
39, Drovers Lane, Hitchin is recorded publicly as a modern freehold house across 1,323 ft2 of internal area, sitting on a 227 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 39, Drovers Lane, Hitchin is £532,156 and its rental estimate is £2,224 per month, given the available information and assuming reasonable condition.
Drovers Lane, Stotfold, Hitchin, SG5 falls within the SG5 postal district.
Our Data Sources
39, Drovers Lane, Hitchin has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated July 2017.
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 39, Drovers Lane, Hitchin, we estimate a market value of £558,764 and a rental value of £2,335 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £494,905 and £2,068 per month respectively.
Recent Market Change
Over the last year, 39, Drovers Lane, Hitchin has seen its estimated sale value move down by £11,626 (2.2%) and its estimated rental value increase by £19 per month (0.9%). This results in an estimated gross rental yield of 5.0%.
Plot Size
HM Land Registry records the plot of land for 39, Drovers Lane, Hitchin as measuring 227 m2.
That makes it the 25th largest plot in the postcode, where 28 of the 32 other houses have recorded plot data.
Energy Efficiency
39, Drovers Lane, Hitchin has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jul 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 39, Drovers Lane, Hitchin completed on 5th March 2021 at £410,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 34.4% over the period since March 2021.
- Sold Mar 2021£410,000
- Sold Dec 2017£444,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 39, Drovers Lane, Hitchin have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th September 2017, was 41, Drovers Lane, Hitchin, SG5 4RY, a freehold house which sold for £449,995.
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 37 addresses on Drovers Lane, Stotfold, Hitchin, SG5, 39, Drovers Lane, Hitchin comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £76k more expensive than the average property across the SG5 district.
More reading links
Schools Nearby
- 500mSt Mary's CofE Academy Stotfold
- 1.1kmRoecroft Lower School
- 2.8kmGothic Mede Academy
- 4.2kmHenlow Church of England Academy
- 4.3kmThe Knights Templar School
- 5.2kmFearnhill School
More reading links
Public Transport Nearby
From 39, Drovers Lane, Hitchin, the nearest station is Arlesey, 3.0 kilometres away.
- 3.0kmArlesey
- 4.0kmBaldock
- 4.6kmLetchworth Garden City
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.
