15, CEDAR GARDENS, LETCHWORTH GARDEN CITY, SG6 1GQ - £568,750

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.

15 CEDAR GARDENS is a midsized detached house of 131m², which could now be worth an estimated £613,072. It was last sold for £568,750 in June 2021, which was around 18% below the average June 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was B, and the potential energy rating was B.

15 CEDAR GARDENS Sold Prices

Land registry data shows two sales for 15 CEDAR GARDENS 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 15 CEDAR GARDENS 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
2021 30 JUN	£568,750	£693,304	18% below HPI
2016 6 MAY	£509,950	£613,129	17% below HPI

15 CEDAR GARDENS 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 15 CEDAR GARDENS sales from May 2016 and June 2021 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 May 2016 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 15 CEDAR GARDENS be worth now?

15 CEDAR GARDENS might now be worth an estimated £613,072.

This is based on house price inflation of 7.8%, between June 2021 and June 2025, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% inflationary increase is applied to the most recent sale price for 15 CEDAR GARDENS of £568,750 on 30th June 2021. For the value to have increased from £568,750 to £613,072 over the four years to June 2025, the following assumptions must hold true:

• The value of 15 CEDAR GARDENS has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The June 2021 sale price of £568,750 represented a fair market value for the property.
• The size, condition, and specification of 15 CEDAR GARDENS has not materially changed since June 2021.

How Large is 15 CEDAR GARDENS?

15 CEDAR GARDENS is 131m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of detached houses houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Letchworth, and where 15 CEDAR GARDENS lies on this distribution: 55% of detached houses houses are smaller than 15 CEDAR GARDENS, and 43% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

15 CEDAR GARDENS: Plot and Title Map

15 CEDAR GARDENS sits on a plot of roughly 12.1 acres, or 48,955m². The below map shows the location of 15 CEDAR GARDENS, 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 15 CEDAR GARDENS). 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 15 CEDAR GARDENS?

15 CEDAR GARDENS is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 15 on CEDAR GARDENS.