12, WEBB CLOSE, LETCHWORTH GARDEN CITY, SG6 2TY - £343,000

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 WEBB CLOSE is a midsized extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £343,000 in May 2014, which was around 25% below the average May 2014 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

12 WEBB CLOSE Sold Prices

Land registry data shows four sales for 12 WEBB CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the four 12 WEBB 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
2014 2 MAY	£343,000	£455,827	25% below HPI
2002 12 SEP	£229,000	£277,959	18% below HPI
1999 18 AUG	£139,000	£174,740	20% below HPI
1995 4 MAY	£108,000	£117,253	8% below HPI

12 WEBB 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 four 12 WEBB CLOSE sales between May 1995 and May 2014 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 2002 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 12 WEBB CLOSE?

12 WEBB CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the smallest 50% 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 WEBB CLOSE lies on this distribution: 45% of detached houses are smaller than 12 WEBB CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

12 WEBB CLOSE: Plot and Title Map

12 WEBB CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 12 WEBB 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 12 WEBB 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 12 WEBB CLOSE?

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