118, ICKNIELD WAY, LETCHWORTH GARDEN CITY, SG6 4AW - £550,000

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.

118 ICKNIELD WAY is a small extended semi-detached house of 103m², built sometime between 1900 and 1929, which could now be worth an estimated £579,801. It was last sold for £550,000 in February 2022, which was around 26% above the average February 2022 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

118 ICKNIELD WAY Sold Prices

Land registry data shows five sales for 118 ICKNIELD WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the five 118 ICKNIELD WAY sales were for above 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
2022 18 FEB	£550,000	£437,823	26% above HPI
2015 25 NOV	£421,500	£339,328	24% above HPI
2007 25 JUL	£330,000	£247,964	33% above HPI
2001 5 JUN	£169,950	£133,831	27% above HPI
1998 5 NOV	£127,000	£101,175	26% above HPI

118 ICKNIELD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The five 118 ICKNIELD WAY sales between November 1998 and February 2022 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 2015 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the February 2022 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 118 ICKNIELD WAY be worth now?

118 ICKNIELD WAY might now be worth an estimated £579,801.

This is based on house price inflation of 5.4%, between February 2022 and February 2025, for semi-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 5.4% inflationary increase is applied to the most recent sale price for 118 ICKNIELD WAY of £550,000 on 18th February 2022. For the value to have increased from £550,000 to £579,801 over the three years to February 2025, the following assumptions must hold true:

• The value of 118 ICKNIELD WAY has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The February 2022 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 118 ICKNIELD WAY has not materially changed since February 2022.

How Large is 118 ICKNIELD WAY?

118 ICKNIELD WAY is 103m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% of semi-detached houses houses in Letchworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Letchworth, and where 118 ICKNIELD WAY lies on this distribution: 27% of semi-detached houses houses are smaller than 118 ICKNIELD WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

118 ICKNIELD WAY: Plot and Title Map

118 ICKNIELD WAY sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 118 ICKNIELD WAY, 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 118 ICKNIELD WAY). 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 118 ICKNIELD WAY?

118 ICKNIELD WAY is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 118 on ICKNIELD WAY.