25, PARKER CLOSE, LETCHWORTH GARDEN CITY, SG6 3RT - £567,000

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

25 PARKER CLOSE is a very small detached house of 95m², built sometime between 1983 and 1990. It was last sold for £567,000 in October 2023, which was around 20% below the average October 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

25 PARKER CLOSE Sold Prices

Land registry data shows three sales for 25 PARKER CLOSE 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. Two of the three 25 PARKER CLOSE sales were for below the average price, whilst one was 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
2023 26 OCT	£567,000	£713,084	20% below HPI
2010 12 JAN	£375,000	£379,108	1% below HPI
1998 27 MAR	£164,500	£149,978	10% above HPI

25 PARKER CLOSE 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 25 PARKER CLOSE sales between March 1998 and October 2023 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 January 2010 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 25 PARKER CLOSE?

25 PARKER CLOSE is 95m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 25 PARKER CLOSE lies on this distribution: 19% of detached houses are smaller than 25 PARKER CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

25 PARKER CLOSE: Plot and Title Map

25 PARKER CLOSE sits on a plot of roughly 0.114 of an acre, or 463m². The below map shows the location of 25 PARKER CLOSE, 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 25 PARKER CLOSE). 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 25 PARKER CLOSE?

25 PARKER CLOSE is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 25 on PARKER CLOSE.