128, MARMET AVENUE, LETCHWORTH GARDEN CITY, SG6 4QF - £88,000

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

128 MARMET AVENUE is a very small detached house of 65m², built sometime between 1983 and 1990. It was last sold for £88,000 in February 1998, which was around 42% below the average February 1998 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

128 MARMET AVENUE Sold Prices

Land registry data shows two sales for 128 MARMET AVENUE 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. Both of the two 128 MARMET AVENUE 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
1998 25 FEB	£88,000	£150,562	42% below HPI
1995 15 DEC	£73,995	£114,516	35% below HPI

128 MARMET AVENUE 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 128 MARMET AVENUE sales from December 1995 and February 1998 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 December 1995 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 1998 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 128 MARMET AVENUE?

128 MARMET AVENUE is 65m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 10% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 128 MARMET AVENUE lies on this distribution: 3% of detached houses are smaller than 128 MARMET AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

128 MARMET AVENUE: Plot and Title Map

128 MARMET AVENUE sits on a plot of roughly 3.5 acres, or 13,982m². The below map shows the location of 128 MARMET AVENUE, 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 128 MARMET AVENUE). 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 128 MARMET AVENUE?

128 MARMET AVENUE is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 128 on MARMET AVENUE.