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
53 WHEAT HILL is a very small detached house of 94m², built sometime between 1950 and 1966. It was last sold for £430,000 in July 2015, which was around 16% below the average July 2015 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 53 WHEAT HILL since 1st 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 53 WHEAT HILL 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 |
---|---|---|---|
2015 31 JUL | £430,000 | £514,073 | 16% below HPI |
2009 21 DEC | £290,000 | £367,128 | 21% below HPI |
2000 16 AUG | £215,000 | £207,165 | 4% above HPI |
The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 53 WHEAT HILL sales between August 2000 and July 2015 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the July 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.
53 WHEAT HILL is 94m² according to the EPC inspection conducted in July 2009. 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 53 WHEAT HILL lies on this distribution: 19% of detached houses are smaller than 53 WHEAT HILL, and 81% of houses are larger. Note that EPC data is not available for all properties in Letchworth.
53 WHEAT HILL sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 53 WHEAT HILL, 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 53 WHEAT HILL). 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.
53 WHEAT HILL is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 53 on WHEAT HILL.