118B, LONDON ROAD, KNEBWORTH, SG3 6HB - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

118B LONDON ROAD is a very small detached house of 59m², built sometime between 1983 and 1990. It was last sold for £290,000 in August 2020, which was around 54% below the average August 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

118B LONDON ROAD Sold Prices

Land registry data shows five sales for 118B LONDON ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the five 118B LONDON ROAD 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 28 AUG	£290,000	£632,343	54% below HPI
2017 6 OCT	£325,000	£619,717	48% below HPI
2007 28 SEP	£269,000	£395,167	32% below HPI
2007 13 JUL	£200,000	£386,976	48% below HPI
2003 11 DEC	£189,000	£316,327	40% below HPI

118B LONDON ROAD 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 five 118B LONDON ROAD sales between December 2003 and August 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 October 2017 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the August 2020 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

How Large is 118B LONDON ROAD?

118B LONDON ROAD is 59m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 10% of detached houses in Knebworth, based on EPC data. The below chart shows the distribution of detached houses by size in Knebworth, and where 118B LONDON ROAD lies on this distribution: Less than 1% of detached houses are smaller than 118B LONDON ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Knebworth.

118B LONDON ROAD: Plot and Title Map

118B LONDON ROAD sits on a plot of roughly 0.041 of an acre, or 164m². The below map shows the location of 118B LONDON ROAD, 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 118B LONDON ROAD). 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 118B LONDON ROAD?

118B LONDON ROAD is located in KNEBWORTH, in the SG3 postcode district. The below map shows the position of No. 118B on LONDON ROAD.