61, PARK LANE, KNEBWORTH, SG3 6PH - £407,000

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

61 PARK LANE is a small detached house of 110m², built sometime between 1900 and 1929. It was last sold for £407,000 in November 2007, which was around 1% above the average November 2007 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was July 2013, where the current energy rating was E, and the potential energy rating was B.

61 PARK LANE Sold Prices

Land registry data shows two sales for 61 PARK LANE since 1^st 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 61 PARK LANE 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
2007 7 NOV	£407,000	£403,191	1% above HPI
2002 25 MAR	£370,000	£240,245	54% above HPI

61 PARK LANE 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 two 61 PARK LANE sales from March 2002 and November 2007 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 March 2002 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the November 2007 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 61 PARK LANE?

61 PARK LANE is 110m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 30% of detached houses in Knebworth, based on EPC data. The below chart shows the distribution of detached houses by size in Knebworth, and where 61 PARK LANE lies on this distribution: 21% of detached houses are smaller than 61 PARK LANE, and 78% of houses are larger. Note that EPC data is not available for all properties in Knebworth.

61 PARK LANE: Plot and Title Map

61 PARK LANE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 61 PARK LANE, 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 61 PARK LANE). 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 61 PARK LANE?

61 PARK LANE is located in KNEBWORTH, in the SG3 postcode district. The below map shows the position of No. 61 on PARK LANE.