Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
43 MEADOW WAY is a very small extended detached house of 84m², built sometime between 1900 and 1929. It was last sold for £510,000 in September 2018, which was around 21% below the average September 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was October 2017, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 43 MEADOW WAY since 1st 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 43 MEADOW WAY 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 |
---|---|---|---|
2018 12 SEP | £510,000 | £646,728 | 21% below HPI |
2000 5 APR | £170,000 | £192,440 | 12% below HPI |
The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 43 MEADOW WAY sales from April 2000 and September 2018 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 April 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2018 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.
43 MEADOW WAY is 84m², which includes one extension, according to the EPC inspection conducted in October 2017. This puts it in the smallest 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 43 MEADOW WAY lies on this distribution: 11% of detached houses are smaller than 43 MEADOW WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Letchworth.
43 MEADOW WAY sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 43 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 43 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.
43 MEADOW WAY is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 43 on MEADOW WAY.