38, HITCHIN ROAD, LETCHWORTH GARDEN CITY, SG6 3LX - £1,380,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

38 HITCHIN ROAD is a very large extended detached house of 261m², built sometime between 1900 and 1929, which could now be worth an estimated £1,432,589. It was last sold for £1,380,000 in May 2024, which was around 85% above the average May 2024 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

38 HITCHIN ROAD Sold Prices

Land registry data shows two sales for 38 HITCHIN 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 38 HITCHIN ROAD 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
2024 15 MAY	£1,380,000	£747,671	85% above HPI
2009 20 MAR	£500,000	£379,821	32% above HPI

38 HITCHIN 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 38 HITCHIN ROAD sales from March 2009 and May 2024 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 March 2009 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2024 sale, where it rises to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 38 HITCHIN ROAD be worth now?

38 HITCHIN ROAD might now be worth an estimated £1,432,589.

This is based on house price inflation of 3.8%, between May 2024 and February 2025, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.8% inflationary increase is applied to the most recent sale price for 38 HITCHIN ROAD of £1,380,000 on 15th May 2024. For the value to have increased from £1,380,000 to £1,432,589 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 38 HITCHIN ROAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The May 2024 sale price of £1,380,000 represented a fair market value for the property.
• The size, condition, and specification of 38 HITCHIN ROAD has not materially changed since May 2024.

How Large is 38 HITCHIN ROAD?

38 HITCHIN ROAD is 261m², which includes four extensions, according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of detached houses houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Letchworth, and where 38 HITCHIN ROAD lies on this distribution: 97% of detached houses houses are smaller than 38 HITCHIN ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

38 HITCHIN ROAD: Plot and Title Map

38 HITCHIN ROAD sits on a plot of roughly 0.431 of an acre, or 1,746m². The below map shows the location of 38 HITCHIN 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 38 HITCHIN 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 38 HITCHIN ROAD?

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