2, CHAOMANS, LETCHWORTH GARDEN CITY, SG6 3UB - £585,000

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

2 CHAOMANS is a midsized extended detached house of 130m², built sometime between 1967 and 1975. It was last sold for £585,000 in July 2020, which was around 5% below the average July 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2018, where the current energy rating was E, and the potential energy rating was C.

2 CHAOMANS Sold Prices

Land registry data shows two sales for 2 CHAOMANS 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 2 CHAOMANS sales was for below the average price, whilst the other was for above 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 29 JUL	£585,000	£617,649	5% below HPI
1997 13 FEB	£137,000	£124,274	10% above HPI

2 CHAOMANS 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 2 CHAOMANS sales from February 1997 and July 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 February 1997 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 2 CHAOMANS?

2 CHAOMANS is 130m², which includes two extensions, according to the EPC inspection conducted in August 2018. This puts it in the largest 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 2 CHAOMANS lies on this distribution: 55% of detached houses are smaller than 2 CHAOMANS, and 45% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

2 CHAOMANS: Plot and Title Map

2 CHAOMANS sits on a plot of roughly 0.916 of an acre, or 3,707m². The below map shows the location of 2 CHAOMANS, 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 2 CHAOMANS). 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 2 CHAOMANS?

2 CHAOMANS is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 2 on CHAOMANS.