62, REDHOODS WAY WEST, LETCHWORTH GARDEN CITY, SG6 4DD - £490,000

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

62 REDHOODS WAY WEST is a small extended detached house of 107m², built sometime between 1900 and 1929. It was last sold for £490,000 in March 2018, which was around 22% below the average March 2018 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.

62 REDHOODS WAY WEST Sold Prices

Land registry data shows four sales for 62 REDHOODS WAY WEST since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the four 62 REDHOODS WAY WEST 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 MAR	£490,000	£628,189	22% below HPI
2015 9 OCT	£445,000	£535,864	17% below HPI
2008 7 APR	£362,500	£396,137	8% below HPI
2001 10 JUL	£155,000	£231,477	33% below HPI

62 REDHOODS WAY WEST 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 four 62 REDHOODS WAY WEST sales between July 2001 and March 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 October 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2018 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 62 REDHOODS WAY WEST?

62 REDHOODS WAY WEST is 107m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 40% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 62 REDHOODS WAY WEST lies on this distribution: 30% of detached houses are smaller than 62 REDHOODS WAY WEST, and 69% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

62 REDHOODS WAY WEST: Plot and Title Map

62 REDHOODS WAY WEST sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 62 REDHOODS WAY WEST, 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 62 REDHOODS WAY WEST). 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 62 REDHOODS WAY WEST?

62 REDHOODS WAY WEST is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 62 on REDHOODS WAY WEST.