Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
72 REDHOODS WAY WEST is a very small extended detached house of 90m², built sometime between 1930 and 1949. It was last sold for £357,500 in August 2015, which was around 33% below the average August 2015 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 72 REDHOODS WAY WEST 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. All of the three 72 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 |
---|---|---|---|
2015 4 AUG | £357,500 | £531,537 | 33% below HPI |
2002 25 OCT | £213,000 | £282,080 | 24% below HPI |
1999 29 OCT | £95,000 | £178,389 | 47% below 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 72 REDHOODS WAY WEST sales between October 1999 and August 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 October 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the August 2015 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.
72 REDHOODS WAY WEST is 90m², which includes one extension, according to the EPC inspection conducted in March 2015. 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 72 REDHOODS WAY WEST lies on this distribution: 16% of detached houses are smaller than 72 REDHOODS WAY WEST, and 84% of houses are larger. Note that EPC data is not available for all properties in Letchworth.
72 REDHOODS WAY WEST sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 72 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 72 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.
72 REDHOODS WAY WEST is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 72 on REDHOODS WAY WEST.