47, HIGHFIELD, LETCHWORTH GARDEN CITY, SG6 3PY - £640,000

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.

47 HIGHFIELD is a small extended detached house of 103m², built sometime between 1950 and 1966, which could now be worth an estimated £727,586. It was last sold for £640,000 in August 2020, which was around 6% below the average August 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

47 HIGHFIELD Sold Prices

Land registry data shows three sales for 47 HIGHFIELD 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. Two of the three 47 HIGHFIELD sales were for below the average price, whilst one was 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
2020 17 AUG	£640,000	£682,729	6% below HPI
2015 20 FEB	£450,000	£524,674	14% below HPI
2005 10 APR	£375,000	£368,982	2% above HPI

47 HIGHFIELD 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 47 HIGHFIELD sales between April 2005 and August 2020 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 February 2015 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the August 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 47 HIGHFIELD be worth now?

47 HIGHFIELD might now be worth an estimated £727,586.

This is based on house price inflation of 13.7%, between August 2020 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 13.7% inflationary increase is applied to the most recent sale price for 47 HIGHFIELD of £640,000 on 17th August 2020. For the value to have increased from £640,000 to £727,586 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 47 HIGHFIELD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The August 2020 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of 47 HIGHFIELD has not materially changed since August 2020.

How Large is 47 HIGHFIELD?

47 HIGHFIELD is 103m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 30% 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 47 HIGHFIELD lies on this distribution: 27% of detached houses houses are smaller than 47 HIGHFIELD, and 73% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

47 HIGHFIELD: Plot and Title Map

47 HIGHFIELD sits on a plot of roughly 0.203 of an acre, or 820m². The below map shows the location of 47 HIGHFIELD, 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 47 HIGHFIELD). 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 47 HIGHFIELD?

47 HIGHFIELD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 47 on HIGHFIELD.