12, LETCHMORE ROAD, STEVENAGE, SG1 3JD - £380,000

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.

12 LETCHMORE ROAD is a midsized extended semi-detached house of 123m², built sometime before 1900, which could now be worth an estimated £474,212. It was last sold for £380,000 in February 2017, which was around 20% above the average February 2017 semi-detached price in the Stevenage local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was D.

12 LETCHMORE ROAD Sold Prices

Land registry data shows five sales for 12 LETCHMORE ROAD 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 Stevenage local authority area for the corresponding sale date. All of the five 12 LETCHMORE ROAD 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
2017 24 FEB	£380,000	£316,531	20% above HPI
2011 13 JUL	£269,000	£201,070	34% above HPI
2007 26 OCT	£280,000	£210,576	33% above HPI
2006 23 MAR	£240,000	£187,039	28% above HPI
2003 13 NOV	£197,500	£165,695	19% above HPI

12 LETCHMORE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Stevenage local authority area over time, sourced from the HPI. The five 12 LETCHMORE ROAD sales between November 2003 and February 2017 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 July 2011 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the February 2017 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 12 LETCHMORE ROAD be worth now?

12 LETCHMORE ROAD might now be worth an estimated £474,212.

This is based on house price inflation of 24.8%, between February 2017 and February 2025, for semi-detached houses, in the Stevenage local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.8% inflationary increase is applied to the most recent sale price for 12 LETCHMORE ROAD of £380,000 on 24th February 2017. For the value to have increased from £380,000 to £474,212 over the eight years to February 2025, the following assumptions must hold true:

• The value of 12 LETCHMORE ROAD has moved in line with the HPI for semi-detached houses in the Stevenage local authority area.
• The February 2017 sale price of £380,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LETCHMORE ROAD has not materially changed since February 2017.

How Large is 12 LETCHMORE ROAD?

12 LETCHMORE ROAD is 123m², which includes two extensions, according to the EPC inspection conducted in April 2010. This puts it in the largest 50% of semi-detached houses houses in Stevenage, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stevenage, and where 12 LETCHMORE ROAD lies on this distribution: 56% of semi-detached houses houses are smaller than 12 LETCHMORE ROAD, and 44% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

12 LETCHMORE ROAD: Plot and Title Map

12 LETCHMORE ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 12 LETCHMORE 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 12 LETCHMORE 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 12 LETCHMORE ROAD?

12 LETCHMORE ROAD is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 12 on LETCHMORE ROAD.