225, NEVELLS ROAD, LETCHWORTH GARDEN CITY, SG6 4TZ - £675,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

225 NEVELLS ROAD is a midsized extended detached house of 132m², built sometime between 1900 and 1929, which could now be worth an estimated £780,843. It was last sold for £675,000 in December 2019, which was around 1% above the average December 2019 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

225 NEVELLS ROAD Sold Prices

Land registry data shows two sales for 225 NEVELLS ROAD 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 225 NEVELLS ROAD 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
2019 12 DEC	£675,000	£670,954	1% above HPI
1996 2 APR	£105,000	£124,280	16% below HPI

225 NEVELLS ROAD 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 225 NEVELLS ROAD sales from April 1996 and December 2019 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 April 1996 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2019 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 225 NEVELLS ROAD be worth now?

225 NEVELLS ROAD might now be worth an estimated £780,843.

This is based on house price inflation of 15.7%, between December 2019 and February 2025, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 15.7% inflationary increase is applied to the most recent sale price for 225 NEVELLS ROAD of £675,000 on 12th December 2019. For the value to have increased from £675,000 to £780,843 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 225 NEVELLS ROAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The December 2019 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 225 NEVELLS ROAD has not materially changed since December 2019.

How Large is 225 NEVELLS ROAD?

225 NEVELLS ROAD is 132m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of detached houses houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Letchworth, and where 225 NEVELLS ROAD lies on this distribution: 58% of detached houses houses are smaller than 225 NEVELLS ROAD, and 42% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

225 NEVELLS ROAD: Plot and Title Map

225 NEVELLS ROAD sits on a plot of roughly 0.213 of an acre, or 862m². The below map shows the location of 225 NEVELLS ROAD, 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 225 NEVELLS ROAD). 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 225 NEVELLS ROAD?

225 NEVELLS ROAD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 225 on NEVELLS ROAD.