38, GREENWAY, LETCHWORTH GARDEN CITY, SG6 3UG - £756,000

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

38 GREENWAY is a very large extended detached house of 235m², built sometime between 1967 and 1975. It was last sold for £756,000 in November 2017, which was around 20% above the average November 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

38 GREENWAY Sold Prices

Land registry data shows two sales for 38 GREENWAY 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 38 GREENWAY 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 14 NOV	£756,000	£629,015	20% above HPI
2013 14 NOV	£580,000	£430,163	35% above HPI

38 GREENWAY 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 38 GREENWAY sales from November 2013 and November 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 November 2013 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the November 2017 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 38 GREENWAY?

38 GREENWAY is 235m², which includes three extensions, according to the EPC inspection conducted in August 2013. 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 38 GREENWAY lies on this distribution: 95% of detached houses are smaller than 38 GREENWAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

38 GREENWAY: Plot and Title Map

38 GREENWAY sits on a plot of roughly 2.1 acres, or 8,513m². The below map shows the location of 38 GREENWAY, 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 38 GREENWAY). 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 38 GREENWAY?

38 GREENWAY is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 38 on GREENWAY.