28, LONGMEAD, LETCHWORTH GARDEN CITY, SG6 4HP - £450,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 LONGMEAD is a very small detached house of 56m², built sometime between 1950 and 1966. It was last sold for £450,000 in November 2023, which was around 38% below the average November 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

28 LONGMEAD Sold Prices

Land registry data shows five sales for 28 LONGMEAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the five 28 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
2023 6 NOV	£450,000	£720,034	38% below HPI
2014 17 OCT	£280,000	£477,831	41% below HPI
2004 18 OCT	£224,000	£343,461	35% below HPI
2002 9 SEP	£189,995	£277,959	32% below HPI
1995 17 JUL	£70,000	£118,872	41% below HPI

28 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 five 28 LONGMEAD sales between July 1995 and November 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 October 2014 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the November 2023 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 28 LONGMEAD?

28 LONGMEAD is 56m² according to the EPC inspection conducted in June 2023. 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 28 LONGMEAD lies on this distribution: 1% of detached houses are smaller than 28 LONGMEAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

28 LONGMEAD: Plot and Title Map

28 LONGMEAD sits on a plot of roughly 0.135 of an acre, or 545m². The below map shows the location of 28 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 28 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 28 LONGMEAD?

28 LONGMEAD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 28 on LONGMEAD.