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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Park Lane, Hitchin is a mid-century freehold house with 914 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Park Lane, Hitchin is £383,091 and the estimated rental value is £1,902 per month.
Park Lane, Kimpton, Hitchin, SG4 is located in the borough of North Hertfordshire within the SG4 postal district.
7, Park Lane, Hitchin has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated January 2023.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7, Park Lane, Hitchin is in very good condition we estimate a sale value of £402,246 and a rental value of £1,997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,275 and a rental value of £1,769 per month.
Over the last 12 months the sale value of 7 Park Lane Hitchin has decreased by an estimated £2,702 (0.7%) and its rental value has increased by an estimated £63 per month (3.3%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 7, Park Lane, Hitchin sits on a plot of 164m2.
We have plot size data on 6 out of 6 other houses in the postcode and 7, Park Lane, Hitchin sits on the 3rd largest plot.
7, Park Lane, Hitchin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Park Lane, Hitchin was last sold on 29th September 2016 for £337,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2016, the market for similar properties has risen 20.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Park Lane, Hitchin within a radius of 3.8 kilometres over the last 2 years.
The most recent example is 9, Park Lane, Hitchin, SG4 8SB, a freehold house which sold for £340,000 on the 14th September 2022.
Read more about house prices in SG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 3.8 kilometres radius of 7, Park Lane, Hitchin over the last 2 years.
Most recently 16A, The Valley, Hitchin, SG4 8BN, a freehold house let by The Letting Quarter in November 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Kimpton, Hitchin, SG4 has a total of 14 addresses. According to our analysis of all the public data, 7, Park Lane, Hitchin is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £140k less expensive than the average property in SG4.
The closest station to 7, Park Lane, Hitchin is Harpenden station which is 5.6 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Park Lane, Hitchin, 43.3% of property is privately owned outright and 40.9% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 7, Park Lane, Hitchin, 25.2% of residents are recorded as possessing school level qualifications and 48.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Park Lane, Hitchin, the average age was 43.9 and the most common age was 57.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 7, Park Lane, Hitchin, 2.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 7, Park Lane, Hitchin, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
