228, NEVELLS ROAD, LETCHWORTH GARDEN CITY, SG6 4UB - £485,000

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.

228 NEVELLS ROAD is a midsized extended detached house of 116m², built sometime between 1900 and 1929, which could now be worth an estimated £729,667. It was last sold for £485,000 in October 2014, which was around 6% below the average October 2014 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

228 NEVELLS ROAD Sold Prices

Land registry data shows three sales for 228 NEVELLS ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 228 NEVELLS ROAD 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 10 OCT	£485,000	£515,905	6% below HPI
2011 17 MAR	£250,000	£433,228	42% below HPI
2007 26 FEB	£272,500	£411,410	34% below HPI

228 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 three 228 NEVELLS ROAD sales between February 2007 and October 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 March 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the October 2014 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 228 NEVELLS ROAD be worth now?

228 NEVELLS ROAD might now be worth an estimated £729,667.

This is based on house price inflation of 50.4%, between October 2014 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 50.4% inflationary increase is applied to the most recent sale price for 228 NEVELLS ROAD of £485,000 on 10th October 2014. For the value to have increased from £485,000 to £729,667 over the eleven years and eight months to February 2025, the following assumptions must hold true:

• The value of 228 NEVELLS ROAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The October 2014 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 228 NEVELLS ROAD has not materially changed since October 2014.

How Large is 228 NEVELLS ROAD?

228 NEVELLS ROAD is 116m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the smallest 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 228 NEVELLS ROAD lies on this distribution: 42% of detached houses houses are smaller than 228 NEVELLS ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

228 NEVELLS ROAD: Plot and Title Map

228 NEVELLS ROAD sits on a plot of roughly 0.107 of an acre, or 432m². The below map shows the location of 228 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 228 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 228 NEVELLS ROAD?

228 NEVELLS ROAD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 228 on NEVELLS ROAD.