3, Chancery Place, 1 Old Park Road, Hitchin, SG5 2ED is a leasehold flat built in 2012 onwards. The property offers approximately 355 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £279,935 , which equates to approximately £788 per square foot. It was last sold on 13 Mar 2019 for £260,000. Since then, the value has increased by £19,935, representing a 7.7% increase, or approximately 1.1% per year.

The current estimated value of £279,935 is:

  • 11.5% lower than the average property price on Old Park Road
  • 10.8% higher than the average in the SG5 2ED postcode area
  • and 38.2% lower than the average price for Hitchin as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 8 April 2024, the property was recorded as owner-occupied.

View sold house prices in SG5 2ED

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
355 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£279,935
Price Per sq ft (estimate)
£788
Bedroom Count (estimate)
1 bedroom

EPC Summary

3, Chancery Place, 1 Old Park Road, Hitchin, North Hertfordshire, Hertfordshire, SG5 2ED has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 8 Apr 2024.

This property uses an electric boiler with radiators as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 Apr 2018, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 11.1%.

Since the previous assessment, several changes were observed:

  • The heating system changed from room heaters, electric to boiler and radiators, electric, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.53 w/m-¦k to cavity wall, as built, insulated (assumed), improving energy efficiency from good to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SG5 2ED

5 th / 16
Price Rank
11% higher than average
9 th / 16
Size Rank
8% smaller than average
4 th / 16
Price Per Sq FT Rank
20% higher than average

Compared to other properties in SG5 2ED , this flat's estimated value ranks 5th out of 16. Based on price per square foot, it ranks 4th out of 16 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 9th out of 16 properties in its postcode area.

Sale History

Today
£279,935
streetscan.co.uk estimate
+8 %
13 Mar 2019
£260,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 398 sq ft
sale price: £250,000
sale date: 23 Jan 2023
rooms: 2
size: 377 sq ft
sale price: £123,750
sale date: 12 Jun 2015
rooms: 2
size: 377 sq ft
sale price: £88,000
sale date: 28 Jan 2003
rooms: 2
size: 366 sq ft
sale price: £66,500
sale date: 19 Dec 2001

Data Sources

The property at 3, Chancery Place, 1 Old Park Road, Hitchin, North Hertfordshire, Hertfordshire, SG5 2ED appears once in the Land Registry records, with the transaction recorded on 13 Mar 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 8 Apr 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.