18, SAFFRON HILL, LETCHWORTH GARDEN CITY, SG6 4DB - £315,000

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

18 SAFFRON HILL is a very small detached house of 62m², built sometime between 1930 and 1949. It was last sold for £315,000 in May 2019, which was around 48% below the average May 2019 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was F, and the potential energy rating was B.

18 SAFFRON HILL Sold Prices

Land registry data shows two sales for 18 SAFFRON HILL 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 18 SAFFRON HILL 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
2019 17 MAY	£315,000	£609,655	48% below HPI
1996 31 OCT	£72,000	£124,469	42% below HPI

18 SAFFRON HILL 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 18 SAFFRON HILL sales from October 1996 and May 2019 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 1996 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the May 2019 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 18 SAFFRON HILL?

18 SAFFRON HILL is 62m² according to the EPC inspection conducted in August 2018. 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 18 SAFFRON HILL lies on this distribution: 2% of detached houses are smaller than 18 SAFFRON HILL, and 98% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

18 SAFFRON HILL: Plot and Title Map

18 SAFFRON HILL sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 18 SAFFRON HILL, 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 18 SAFFRON HILL). 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 18 SAFFRON HILL?

18 SAFFRON HILL is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 18 on SAFFRON HILL.