7, ROMANY CLOSE, LETCHWORTH GARDEN CITY, SG6 4JZ - £269,000

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.

7 ROMANY CLOSE is a very small detached house of 69m², built sometime between 1976 and 1982, which could now be worth an estimated £472,393. It was last sold for £269,000 in August 2013, which was around 39% below the average August 2013 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was B.

7 ROMANY CLOSE Sold Prices

Land registry data shows two sales for 7 ROMANY CLOSE 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 7 ROMANY CLOSE 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
2013 12 AUG	£269,000	£441,979	39% below HPI
2011 17 JUN	£190,000	£428,185	56% below HPI

7 ROMANY CLOSE 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 7 ROMANY CLOSE sales from June 2011 and August 2013 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 June 2011 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the August 2013 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 7 ROMANY CLOSE be worth now?

7 ROMANY CLOSE might now be worth an estimated £472,393.

This is based on house price inflation of 75.6%, between August 2013 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 75.6% inflationary increase is applied to the most recent sale price for 7 ROMANY CLOSE of £269,000 on 12th August 2013. For the value to have increased from £269,000 to £472,393 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 7 ROMANY CLOSE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The August 2013 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ROMANY CLOSE has not materially changed since August 2013.

How Large is 7 ROMANY CLOSE?

7 ROMANY CLOSE is 69m² according to the EPC inspection conducted in August 2012. 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 7 ROMANY CLOSE lies on this distribution: 4% of detached houses houses are smaller than 7 ROMANY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

7 ROMANY CLOSE: Plot and Title Map

7 ROMANY CLOSE sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 7 ROMANY CLOSE, 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 7 ROMANY CLOSE). 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 7 ROMANY CLOSE?

7 ROMANY CLOSE is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 7 on ROMANY CLOSE.