31, GERNON ROAD, LETCHWORTH GARDEN CITY, SG6 3HL - £405,000

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

31 GERNON ROAD is a small detached house of 107m², built sometime between 1900 and 1929. It was last sold for £405,000 in January 2016, which was around 28% below the average January 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was E, and the potential energy rating was B.

31 GERNON ROAD Sold Prices

Land registry data shows two sales for 31 GERNON ROAD 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 31 GERNON ROAD 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
2016 8 JAN	£405,000	£562,912	28% below HPI
2000 26 JUN	£160,000	£201,899	21% below HPI

31 GERNON ROAD 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 31 GERNON ROAD sales from June 2000 and January 2016 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 June 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the January 2016 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 31 GERNON ROAD?

31 GERNON ROAD is 107m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 40% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 31 GERNON ROAD lies on this distribution: 30% of detached houses are smaller than 31 GERNON ROAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

31 GERNON ROAD: Plot and Title Map

31 GERNON ROAD sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 31 GERNON 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 31 GERNON 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.

Where is 31 GERNON ROAD?

31 GERNON ROAD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 31 on GERNON ROAD.