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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Codicote Mill, Hitchin is £2,684,870 and the estimated rental value is £8,966 per month.
Heath Lane, Codicote, Hitchin, SG4 is located in the borough of North Hertfordshire within the SG4 postal district.
Codicote Mill, Hitchin has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Codicote Mill, Hitchin is in very good condition we estimate a sale value of £2,819,113 and a rental value of £9,414 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,496,929 and a rental value of £8,338 per month.
Over the last 12 months the sale value of Codicote Mill Hitchin has decreased by an estimated £69,475 (2.6%) and its rental value has increased by an estimated £58 per month (0.6%), giving an expected gross yield of 4%.
Codicote Mill, Hitchin has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Apr 2017.
The property is not connected to mains gas and has partial double glazing. It is heated using Ground source heat pump, radiators, electric.
According to HM Land Registry, Codicote Mill, Hitchin was last sold on 3rd December 2015 for £2,370,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has risen 40.5%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.7 kilometres radius of Codicote Mill, Hitchin over the last 2 years.
The most recent example is 36, Oak Drive, Hitchin, SG4 8DZ, a freehold house which sold for £820,000 on the 14th December 2023.
Read more about house prices in SG4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heath Lane, Codicote, Hitchin, SG4 has a total of 39 addresses. According to our analysis of all the public data, Codicote Mill, Hitchin is the largest and the most expensive property on the street.
When compared to the postcode district it is £2.165m more expensive than the average property in SG4.
The closest station to Codicote Mill, Hitchin is Knebworth station which is 4.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Codicote Mill, Hitchin, 53.3% of property is privately owned outright and 31.2% 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 Codicote Mill, Hitchin, 19.1% of residents are recorded as possessing school level qualifications and 44.8% 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 Codicote Mill, 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 Codicote Mill, Hitchin, 3.9% 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 Codicote Mill, Hitchin, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.