2, CROFT LANE, LETCHWORTH GARDEN CITY, SG6 1AP - £1,140,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

2 CROFT LANE is a very large detached house of 182m², built sometime between 1900 and 1929. It was last sold for £1,140,000 in March 2022, which was around 65% above the average March 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was C.

2 CROFT LANE Sold Prices

Land registry data shows two sales for 2 CROFT LANE 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 2 CROFT LANE sales were 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
2022 9 MAR	£1,140,000	£689,719	65% above HPI
2017 7 AUG	£970,000	£609,999	59% above HPI

2 CROFT LANE 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 CROFT LANE sales from August 2017 and March 2022 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 August 2017 sale was for 59% above the HPI. So the extrapolation line tracks at 59% above the HPI over time, until the March 2022 sale, where it rises to 65% above the HPI. The line then continues to track at 65% above the HPI.

How Large is 2 CROFT LANE?

2 CROFT LANE is 182m² according to the EPC inspection conducted in June 2023. This puts it in the largest 20% 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 CROFT LANE lies on this distribution: 85% of detached houses are smaller than 2 CROFT LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

2 CROFT LANE: Plot and Title Map

2 CROFT LANE sits on a plot of roughly 0.403 of an acre, or 1,631m². The below map shows the location of 2 CROFT LANE, 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 CROFT LANE). 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 CROFT LANE?

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