4, PARKER CLOSE, LETCHWORTH GARDEN CITY, SG6 3RT - £400,000

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

4 PARKER CLOSE is a small extended detached house of 108m², built sometime between 1983 and 1990. It was last sold for £400,000 in February 2016, which was around 29% below the average February 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was C, and the potential energy rating was C.

4 PARKER CLOSE Sold Prices

Land registry data shows two sales for 4 PARKER CLOSE 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 4 PARKER CLOSE 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 26 FEB	£400,000	£564,876	29% below HPI
2010 22 JAN	£310,000	£379,108	18% below HPI

4 PARKER CLOSE 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 4 PARKER CLOSE sales from January 2010 and February 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 January 2010 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2016 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 PARKER CLOSE?

4 PARKER CLOSE is 108m², which includes one extension, according to the EPC inspection conducted in March 2012. 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 4 PARKER CLOSE lies on this distribution: 33% of detached houses are smaller than 4 PARKER CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

4 PARKER CLOSE: Plot and Title Map

4 PARKER CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 4 PARKER CLOSE, 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 4 PARKER CLOSE). 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 4 PARKER CLOSE?

4 PARKER CLOSE is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 4 on PARKER CLOSE.