42, MEADOW WAY, LETCHWORTH GARDEN CITY, SG6 3HX - £985,000

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

42 MEADOW WAY is a very large extended detached house of 177m², built sometime between 1900 and 1929. It was last sold for £985,000 in June 2019, which was around 60% above the average June 2019 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was D.

42 MEADOW WAY Sold Prices

Land registry data shows three sales for 42 MEADOW WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 42 MEADOW WAY 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 28 JUN	£985,000	£616,585	60% above HPI
2013 28 JUN	£730,000	£403,567	81% above HPI
1995 24 MAR	£174,000	£117,474	48% above HPI

42 MEADOW WAY 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 three 42 MEADOW WAY sales between March 1995 and June 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 June 2013 sale was for 81% above the HPI. So the extrapolation line tracks at 81% above the HPI over time, until the June 2019 sale, where it falls to 60% above the HPI. The line then continues to track at 60% above the HPI.

How Large is 42 MEADOW WAY?

42 MEADOW WAY is 177m², which includes one extension, according to the EPC inspection conducted in March 2012. 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 42 MEADOW WAY lies on this distribution: 83% of detached houses are smaller than 42 MEADOW WAY, and 17% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

42 MEADOW WAY: Plot and Title Map

42 MEADOW WAY sits on a plot of roughly 0.297 of an acre, or 1,202m². The below map shows the location of 42 MEADOW WAY, 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 42 MEADOW WAY). 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 42 MEADOW WAY?

42 MEADOW WAY is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 42 on MEADOW WAY.