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Codicote market report SG4 8, Hitchin
The SG4 8 (Codicote) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 3,461 completed sales registered with HM Land Registry in SG4 8 (Hitchin) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: 35 registered 2026 sales put the SG4 8 (Hitchin) median at £395,000, down 10% on five years earlier, with a mean of £483,300, and by floor area homes here have averaged about £5,200 per square metre over the last five years. Everything rests on 3,461 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
SG4 8 is one sector of SG4 (Hitchin): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where SG4 8 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in SG4 8
The 2026 median for SG4 8 is £395,000, taken from 35 registered sales. The mean, which is what most sites call the "average house price", is £483,300, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
Price per square metre in SG4 8
Averaged across five years of sales, floor space in SG4 8 costs about £5,200 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Set against the £285,000 England and Wales median, SG4 8 sits 39% above the national market.
SG4 8's median sold price, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £395,000 | £395,000 | 35 |
| 2025 | £545,000 | £558,033 | 151 |
| 2024 | £515,000 | £547,551 | 117 |
| 2023 | £510,000 | £560,365 | 93 |
| 2022 | £445,000 | £521,813 | 109 |
| 2021 | £438,200 | £554,818 | 136 |
| 2020 | £476,200 | £617,879 | 100 |
| 2019 | £361,000 | £473,185 | 84 |
| 2018 | £400,000 | £533,208 | 81 |
| 2017 | £385,000 | £525,101 | 94 |
| 2016 | £415,000 | £580,589 | 107 |
| 2015 | £330,000 | £466,290 | 98 |
| 2014 | £309,000 | £438,370 | 111 |
| 2013 | £281,500 | £405,050 | 96 |
| 2012 | £316,500 | £465,848 | 81 |
| 2011 | £250,000 | £377,404 | 82 |
| 2010 | £250,000 | £392,064 | 104 |
| 2009 | £238,200 | £382,909 | 78 |
| 2008 | £246,000 | £403,246 | 70 |
| 2007 | £267,000 | £452,906 | 119 |
| 2006 | £244,000 | £423,553 | 144 |
| 2005 | £240,000 | £427,103 | 102 |
| 2004 | £235,000 | £426,806 | 110 |
| 2003 | £214,000 | £394,240 | 114 |
| 2002 | £185,000 | £348,076 | 167 |
| 2001 | £164,500 | £316,243 | 153 |
| 2000 | £144,000 | £282,600 | 111 |
| 1999 | £125,000 | £249,118 | 126 |
| 1998 | £109,500 | £221,034 | 135 |
| 1997 | £89,200 | £182,931 | 140 |
| 1996 | £87,200 | £183,901 | 112 |
| 1995 | £86,200 | £187,386 | 101 |
In cash terms the typical SG4 8 home went from £86,200 in 1995 to £395,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 111%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2020, and today's median remains roughly 36% under it: a 2020 buyer is still waiting to get that price back in today's money.
Year-on-year change in the SG4 8 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2020 (+31.9% on the year before); the weakest, 2026 (−27.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What SG4 8 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −27.5% | −29.2% |
| 5 years (since 2021) | −2.1% | −6.6% |
| 10 years (since 2016) | −0.5% | −3.8% |
| 20 years (since 2006) | +2.4% | −0.3% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
How many homes change hands in SG4 8
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 35 sales completed in SG4 8. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 128 sales a year before the financial crisis and 101 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
How SG4 8 trades
This is a thin market: 35 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Against the SG4 district median, SG4 8 sits 18% lower, marking it as a cheaper pocket of the district.
Rents around SG4 8
For renting purposes SG4 8 sits in North Hertfordshire. The ONS average private rent there is £1,421 a month (May 2026). Size sets most of the rent: one-beds average £1,013 a month here against £2,218 for four or more bedrooms.
Average monthly rent by size, North Hertfordshire
ONS Price Index of Private Rents, May 2026.
Against the £395,000 median purchase price, a rent of £1,421 a month (£17,052 a year) works out at a 4.3% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
SG4 8 (Codicote): the questions that come up
Are property prices falling in SG4 8 (Codicote)?
Is SG4 8 (Codicote) a good place to buy a house?
How much did a house sell for in SG4 8 (Codicote)?
Will SG4 8 prices rise from here?
The record answers a different question than "what happens next": the median is down 10% over five years in cash but down 29% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
On the market in SG4 today
The live side of the market holds 300 homes at the moment, listed by 8 agents publishing to HomesIndex.
These cover the whole SG4 district, not just SG4 8: live asking prices are collected per district.
34% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
- St Ippolyts, Hitchin, Hertfordshire, Hitchin
- Codicote, Hitchin, Hertfordshire, Hitchin
- Grove Road, Hitchin, Hertfordshire, SG4
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every SG4 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in SG
What homes of each size actually sold for across the SG area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £425,000 | £562,950 (+32%) | £790,000 (+40%) | £1,107,500 (+40%) |
| Semi-detached | £315,000 | £375,000 (+19%) | £450,000 (+20%) | £582,500 (+29%) | £785,000 (+35%) |
| Terraced | £290,000 | £342,000 (+18%) | £375,000 (+10%) | £510,000 (+36%) | £715,000 (+40%) |
| Flat | £205,000 | £270,000 (+32%) | £410,000 (+52%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the SG area is the point: the same five years treated these districts very differently.
SG area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in SG4
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of SG4, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| SG4 0 | £435,000 | 57 |
| SG4 7 | £681,800 | 20 |
| SG4 9 | £527,800 | 64 |
Zoom out to the full SG4 district report for the type split, monthly volumes and how SG4 compares with its neighbours.
Selling a home in SG4 8? Price it on the evidence
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in SG4 8, open the average prices map and zoom from the SG4 8 shading down to the sold homes on your own street. Every recorded SG4 8 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working SG4 8: the featured spot on this report is free for founding agents, one per district. Claim SG4 8.
Go deeper
Behind the answers sits the same Land Registry record as this page, with SG4 8 already set as the subject. Free, one click sign in.
See every individual SG4 8 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.