11, OLDEN MEAD, LETCHWORTH GARDEN CITY, SG6 2SP - £479,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 OLDEN MEAD is a small extended detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £557,508. It was last sold for £479,000 in July 2020, which was around 28% below the average July 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

11 OLDEN MEAD Sold Prices

Land registry data shows two sales for 11 OLDEN MEAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 11 OLDEN MEAD sales 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
2020 10 JUL	£479,000	£666,864	28% below HPI
1998 23 NOV	£142,000	£183,774	23% below HPI

11 OLDEN MEAD 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 two 11 OLDEN MEAD sales from November 1998 and July 2020 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 November 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 11 OLDEN MEAD be worth now?

11 OLDEN MEAD might now be worth an estimated £557,508.

This is based on house price inflation of 16.4%, between July 2020 and February 2025, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.4% inflationary increase is applied to the most recent sale price for 11 OLDEN MEAD of £479,000 on 10th July 2020. For the value to have increased from £479,000 to £557,508 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 11 OLDEN MEAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The July 2020 sale price of £479,000 represented a fair market value for the property.
• The size, condition, and specification of 11 OLDEN MEAD has not materially changed since July 2020.

How Large is 11 OLDEN MEAD?

11 OLDEN MEAD is 109m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 40% of detached houses houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Letchworth, and where 11 OLDEN MEAD lies on this distribution: 33% of detached houses houses are smaller than 11 OLDEN MEAD, and 67% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

11 OLDEN MEAD: Plot and Title Map

11 OLDEN MEAD sits on a plot of roughly 1.1 acres, or 4,409m². The below map shows the location of 11 OLDEN MEAD, 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 11 OLDEN MEAD). 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 11 OLDEN MEAD?

11 OLDEN MEAD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 11 on OLDEN MEAD.