23, LONGMEAD, LETCHWORTH GARDEN CITY, SG6 4HP - £465,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

23 LONGMEAD is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £465,000 in February 2021, which was around 28% below the average February 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

23 LONGMEAD Sold Prices

Land registry data shows two sales for 23 LONGMEAD 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 23 LONGMEAD 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
2021 26 FEB	£465,000	£641,875	28% below HPI
2020 14 JUL	£400,000	£617,649	35% below HPI

23 LONGMEAD 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 23 LONGMEAD sales from July 2020 and February 2021 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 July 2020 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2021 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 23 LONGMEAD?

23 LONGMEAD is 62m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 10% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 23 LONGMEAD lies on this distribution: 2% of detached houses are smaller than 23 LONGMEAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

23 LONGMEAD: Plot and Title Map

23 LONGMEAD sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 23 LONGMEAD, 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 23 LONGMEAD). 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 23 LONGMEAD?

23 LONGMEAD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 23 on LONGMEAD.