5, LONGMEAD, LETCHWORTH GARDEN CITY, SG6 4HW - £405,000

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.

5 LONGMEAD is a very small extended detached house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £519,889. It was last sold for £405,000 in March 2016, which was around 33% below the average March 2016 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

5 LONGMEAD Sold Prices

Land registry data shows three sales for 5 LONGMEAD 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 5 LONGMEAD 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 10 MAR	£405,000	£604,641	33% below HPI
2009 9 DEC	£240,000	£396,382	39% below HPI
2006 2 OCT	£275,000	£408,805	33% below HPI

5 LONGMEAD 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 5 LONGMEAD sales between October 2006 and March 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 December 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2016 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 5 LONGMEAD be worth now?

5 LONGMEAD might now be worth an estimated £519,889.

This is based on house price inflation of 28.4%, between March 2016 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 28.4% inflationary increase is applied to the most recent sale price for 5 LONGMEAD of £405,000 on 10th March 2016. For the value to have increased from £405,000 to £519,889 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 5 LONGMEAD has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The March 2016 sale price of £405,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LONGMEAD has not materially changed since March 2016.

How Large is 5 LONGMEAD?

5 LONGMEAD is 82m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 10% 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 5 LONGMEAD lies on this distribution: 10% of detached houses houses are smaller than 5 LONGMEAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

5 LONGMEAD: Plot and Title Map

5 LONGMEAD sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 5 LONGMEAD, 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 5 LONGMEAD). 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 5 LONGMEAD?

5 LONGMEAD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 5 on LONGMEAD.