3 Water Lane

    3, WATER LANE, HITCHIN, SG5 1TX

    This terraced freehold property on Water Lane last sold in September 2024 for £490,000. Based on price growth in the SG5 district since then, its estimated current value is £487,515 — placing it in the 78th percentile nationally and the 55th percentile within SG5. The property covers 85 m² (915 sq ft), giving an estimated value of £5,735 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £490,000

    Sept 2024

    Estimated Valuation

    £487,515

    Est. £/sq ft

    £533/sq ft

    £5,735/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area915 sq ft (85 m²)
    EPC dateFeb 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Sept 2024

    £490,000

    15 Jan 2021

    £465,000

    17 Dec 2012

    £245,000

    13 Dec 1999

    £87,500

    Key Metrics

    Estimated valuation£487,515
    Value per sq ft / m²£533/sq ft (£5,735/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SG5 district percentile55th percentile
    National percentile78th percentile

    District Context — SG5

    SG5 covers Letchworth Garden City and surrounding settlements in north Hertfordshire, positioned between Cambridge and London. The area combines planned-town heritage with commuter appeal and established residential communities.

    Average Property Price - SG5

    £488,627

    79

    National percentile

    Average Net Household Income - SG5

    £49,246

    87

    National percentile

    10-Year Annualised Price Growth - SG5

    4.1%

    70

    National percentile

    10-Year Annualised Rent Growth - SG

    4.5%

    83

    National percentile

    View full analysis for SG5

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