22, OAKTREE CLOSE, LETCHWORTH GARDEN CITY, SG6 3XY - £335,000

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

22 OAKTREE CLOSE is a large extended detached house of 136m², built sometime between 1996 and 2002. It was last sold for £335,000 in January 2014, which was around 23% below the average January 2014 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

22 OAKTREE CLOSE Sold Prices

Land registry data shows two sales for 22 OAKTREE CLOSE 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 22 OAKTREE CLOSE 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
2014 22 JAN	£335,000	£432,606	23% below HPI
2000 5 SEP	£185,000	£211,949	13% below HPI

22 OAKTREE CLOSE 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 22 OAKTREE CLOSE sales from September 2000 and January 2014 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 September 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2014 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 22 OAKTREE CLOSE?

22 OAKTREE CLOSE is 136m², which includes one extension, according to the EPC inspection conducted in August 2022. 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 22 OAKTREE CLOSE lies on this distribution: 61% of detached houses are smaller than 22 OAKTREE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

22 OAKTREE CLOSE: Plot and Title Map

22 OAKTREE CLOSE sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 22 OAKTREE CLOSE, 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 22 OAKTREE CLOSE). 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 22 OAKTREE CLOSE?

22 OAKTREE CLOSE is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 22 on OAKTREE CLOSE.