1, NEWLANDS, LETCHWORTH GARDEN CITY, SG6 2JE - £625,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NEWLANDS is a small detached house of 107m², built sometime between 1930 and 1949. It was last sold for £625,000 in January 2016, which was around 11% above the average January 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2012, where the current energy rating was F, and the potential energy rating was D.

1 NEWLANDS Sold Prices

Land registry data shows three sales for 1 NEWLANDS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. One of the three 1 NEWLANDS sales was for above the average price, whilst two were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 8 JAN	£625,000	£562,912	11% above HPI
2013 7 JUN	£320,000	£403,567	21% below HPI
2000 15 FEB	£164,950	£192,258	14% below HPI

1 NEWLANDS Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 1 NEWLANDS sales between February 2000 and January 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2016 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 1 NEWLANDS?

1 NEWLANDS is 107m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 1 NEWLANDS lies on this distribution: 31% of detached houses are smaller than 1 NEWLANDS, and 69% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

1 NEWLANDS: Plot and Title Map

1 NEWLANDS sits on a plot of roughly 0.141 of an acre, or 572m². The below map shows the location of 1 NEWLANDS, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 NEWLANDS). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 NEWLANDS?

1 NEWLANDS is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 1 on NEWLANDS.