2, CROSS STREET, LETCHWORTH GARDEN CITY, SG6 4UD - £600,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CROSS STREET is a midsized extended detached house of 123m², built sometime between 1900 and 1929. It was last sold for £600,000 in May 2023, which was around 17% below the average May 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was D, and the potential energy rating was B.

2 CROSS STREET Sold Prices

Land registry data shows two sales for 2 CROSS STREET 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 CROSS STREET 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
2023 2 MAY	£600,000	£722,449	17% below HPI
1997 8 OCT	£129,000	£144,435	11% below HPI

2 CROSS STREET 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 CROSS STREET sales from October 1997 and May 2023 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 1997 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the May 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 2 CROSS STREET?

2 CROSS STREET is 123m², which includes one extension, according to the EPC inspection conducted in May 2019. This puts it in the smallest 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 CROSS STREET lies on this distribution: 48% of detached houses are smaller than 2 CROSS STREET, and 51% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

2 CROSS STREET: Plot and Title Map

2 CROSS STREET sits on a plot of roughly 0.163 of an acre, or 658m². The below map shows the location of 2 CROSS STREET, 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 CROSS STREET). 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 CROSS STREET?

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