38, LONGMEAD, LETCHWORTH GARDEN CITY, SG6 4HP - £540,000

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 LONGMEAD is a small extended detached house of 107m², built sometime between 1950 and 1966, which could now be worth an estimated £630,612. It was last sold for £540,000 in October 2019, which was around 19% below the average October 2019 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was B.

38 LONGMEAD Sold Prices

Land registry data shows two sales for 38 LONGMEAD 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 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
2019 14 OCT	£540,000	£664,637	19% below HPI
2004 5 MAR	£225,000	£351,961	36% below HPI

38 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 two 38 LONGMEAD sales from March 2004 and October 2019 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 2004 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2019 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 38 LONGMEAD be worth now?

38 LONGMEAD might now be worth an estimated £630,612.

This is based on house price inflation of 16.8%, between October 2019 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 16.8% inflationary increase is applied to the most recent sale price for 38 LONGMEAD of £540,000 on 14th October 2019. For the value to have increased from £540,000 to £630,612 over the six years and eight months to February 2025, the following assumptions must hold true:

• The value of 38 LONGMEAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The October 2019 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 38 LONGMEAD has not materially changed since October 2019.

How Large is 38 LONGMEAD?

38 LONGMEAD is 107m², which includes three extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 40% 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 LONGMEAD lies on this distribution: 30% of detached houses houses are smaller than 38 LONGMEAD, and 69% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

38 LONGMEAD: Plot and Title Map

38 LONGMEAD sits on a plot of roughly 0.150 of an acre, or 606m². The below map shows the location of 38 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 38 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 38 LONGMEAD?

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