2, LORDSHIP LANE, LETCHWORTH GARDEN CITY, SG6 2BH - £650,000

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 LORDSHIP LANE is a large extended detached house of 138m², built sometime between 1950 and 1966. It was last sold for £650,000 in July 2020, which was around 5% above the average July 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

2 LORDSHIP LANE Sold Prices

Land registry data shows two sales for 2 LORDSHIP 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. One of the two 2 LORDSHIP LANE sales was for above the average price, whilst the other was 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
2020 8 JUL	£650,000	£617,649	5% above HPI
2003 7 MAY	£240,000	£304,427	21% below HPI

2 LORDSHIP 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 LORDSHIP LANE sales from May 2003 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 May 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2020 sale, where it rises to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 2 LORDSHIP LANE?

2 LORDSHIP LANE is 138m², which includes four extensions, according to the EPC inspection conducted in June 2019. This puts it in the largest 40% 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 LORDSHIP LANE lies on this distribution: 63% of detached houses are smaller than 2 LORDSHIP LANE, and 37% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

2 LORDSHIP LANE: Plot and Title Map

2 LORDSHIP LANE sits on a plot of roughly 0.101 of an acre, or 407m². The below map shows the location of 2 LORDSHIP 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 LORDSHIP 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 LORDSHIP LANE?

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