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
228 NEVELLS ROAD is a midsized extended detached house of 116m², built sometime between 1900 and 1929. It was last sold for £485,000 in October 2014, which was around 2% above 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.
Land registry data shows three sales for 228 NEVELLS ROAD since 1st 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. One of the three 228 NEVELLS ROAD sales was for above the average price, whilst two 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 | £477,831 | 2% above HPI |
2011 17 MAR | £250,000 | £401,256 | 38% below HPI |
2007 26 FEB | £272,500 | £381,047 | 28% below HPI |
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 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.
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 in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 228 NEVELLS ROAD lies on this distribution: 42% of detached 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 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.
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.