12, NEWLANDS, LETCHWORTH GARDEN CITY, SG6 2JE - £750,000

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

12 NEWLANDS is a large extended detached house of 166m², built sometime between 1950 and 1966. It was last sold for £750,000 in December 2020, which was around 13% above the average December 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was C.

12 NEWLANDS Sold Prices

Land registry data shows two sales for 12 NEWLANDS 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. One of the two 12 NEWLANDS sales was for above the average price, whilst the other was 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 9 DEC	£750,000	£663,869	13% above HPI
2013 22 OCT	£412,000	£427,085	4% below HPI

12 NEWLANDS 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 12 NEWLANDS sales from October 2013 and December 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 2013 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2020 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

How Large is 12 NEWLANDS?

12 NEWLANDS is 166m², which includes three extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 30% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 12 NEWLANDS lies on this distribution: 79% of detached houses are smaller than 12 NEWLANDS, and 21% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

12 NEWLANDS: Plot and Title Map

12 NEWLANDS sits on a plot of roughly 0.123 of an acre, or 499m². The below map shows the location of 12 NEWLANDS, 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 NEWLANDS). 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 NEWLANDS?

12 NEWLANDS is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 12 on NEWLANDS.