8, FOURACRES, LETCHWORTH GARDEN CITY, SG6 3UF - £672,000

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

8 FOURACRES is a small extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £672,000 in March 2021, which was around 6% above the average March 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

8 FOURACRES Sold Prices

Land registry data shows three sales for 8 FOURACRES since 1^st 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 8 FOURACRES 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
2021 22 MAR	£672,000	£636,751	6% above HPI
2003 31 OCT	£365,000	£313,299	17% above HPI
1998 18 AUG	£170,000	£162,508	5% above HPI

8 FOURACRES 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 three 8 FOURACRES sales between August 1998 and March 2021 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 2003 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 8 FOURACRES?

8 FOURACRES is 114m², which includes two extensions, according to the EPC inspection conducted in February 2017. 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 8 FOURACRES lies on this distribution: 40% of detached houses are smaller than 8 FOURACRES, and 59% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

8 FOURACRES: Plot and Title Map

8 FOURACRES sits on a plot of roughly 0.174 of an acre, or 703m². The below map shows the location of 8 FOURACRES, 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 8 FOURACRES). 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 8 FOURACRES?

8 FOURACRES is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 8 on FOURACRES.