11, PARKER CLOSE, LETCHWORTH GARDEN CITY, SG6 3RT - £687,000

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 PARKER CLOSE is a very large extended detached house of 171m², built sometime between 1983 and 1990, which could now be worth an estimated £769,421. It was last sold for £687,000 in February 2021, which was around 1% below the average February 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

11 PARKER CLOSE Sold Prices

Land registry data shows two sales for 11 PARKER CLOSE 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 PARKER CLOSE 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
2021 18 FEB	£687,000	£693,020	1% below HPI
1996 27 SEP	£130,000	£134,234	3% below HPI

11 PARKER CLOSE 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 PARKER CLOSE sales from September 1996 and February 2021 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 September 1996 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2021 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 11 PARKER CLOSE be worth now?

11 PARKER CLOSE might now be worth an estimated £769,421.

This is based on house price inflation of 12%, between February 2021 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 12% inflationary increase is applied to the most recent sale price for 11 PARKER CLOSE of £687,000 on 18th February 2021. For the value to have increased from £687,000 to £769,421 over the four years to February 2025, the following assumptions must hold true:

• The value of 11 PARKER CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2021 sale price of £687,000 represented a fair market value for the property.
• The size, condition, and specification of 11 PARKER CLOSE has not materially changed since February 2021.

How Large is 11 PARKER CLOSE?

11 PARKER CLOSE is 171m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 20% 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 PARKER CLOSE lies on this distribution: 81% of detached houses houses are smaller than 11 PARKER CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

11 PARKER CLOSE: Plot and Title Map

11 PARKER CLOSE sits on a plot of roughly 0.108 of an acre, or 438m². The below map shows the location of 11 PARKER CLOSE, 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 PARKER CLOSE). 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 PARKER CLOSE?

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