24, CROFT LANE, LETCHWORTH GARDEN CITY, SG6 1AP - £950,000

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

24 CROFT LANE is a very large extended detached house of 228m², built sometime between 1950 and 1966. It was last sold for £950,000 in August 2017, which was around 56% above the average August 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was C, and the potential energy rating was C.

24 CROFT LANE Sold Prices

Land registry data shows two sales for 24 CROFT LANE 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 24 CROFT LANE sales were for above 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
2017 7 AUG	£950,000	£609,999	56% above HPI
2009 12 OCT	£425,000	£366,726	16% above HPI

24 CROFT LANE 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 24 CROFT LANE sales from October 2009 and August 2017 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 October 2009 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2017 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 24 CROFT LANE?

24 CROFT LANE is 228m², which includes four extensions, according to the EPC inspection conducted in October 2016. This puts it in the largest 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 24 CROFT LANE lies on this distribution: 94% of detached houses are smaller than 24 CROFT LANE, and 6% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

24 CROFT LANE: Plot and Title Map

24 CROFT LANE sits on a plot of roughly 0.202 of an acre, or 815m². The below map shows the location of 24 CROFT LANE, 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 24 CROFT LANE). 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 24 CROFT LANE?

24 CROFT LANE is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 24 on CROFT LANE.