41, FIELD LANE, LETCHWORTH GARDEN CITY, SG6 3LD - £860,000

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

41 FIELD LANE is a very large extended detached house of 181m², built sometime between 1900 and 1929. It was last sold for £860,000 in November 2019, which was around 39% above the average November 2019 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2019, where the current energy rating was E, and the potential energy rating was C.

41 FIELD LANE Sold Prices

Land registry data shows two sales for 41 FIELD LANE 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 41 FIELD LANE 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
2019 25 NOV	£860,000	£618,326	39% above HPI
2005 11 NOV	£465,500	£346,538	34% above HPI

41 FIELD LANE 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 41 FIELD LANE sales from November 2005 and November 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 November 2005 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the November 2019 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

How Large is 41 FIELD LANE?

41 FIELD LANE is 181m², which includes three extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 20% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 41 FIELD LANE lies on this distribution: 84% of detached houses are smaller than 41 FIELD LANE, and 15% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

41 FIELD LANE: Plot and Title Map

41 FIELD LANE sits on a plot of roughly 0.307 of an acre, or 1,241m². The below map shows the location of 41 FIELD LANE, 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 41 FIELD LANE). 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 41 FIELD LANE?

41 FIELD LANE is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 41 on FIELD LANE.