8, LETCHMORE ROAD, STEVENAGE, SG1 3JD - £265,000

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.

8 LETCHMORE ROAD is a small detached house of 95m², built sometime between 1996 and 2002, which could now be worth an estimated £492,409. It was last sold for £265,000 in November 2011, which was around 23% below the average November 2011 detached price in the Stevenage local authority area. The most recent EPC inspection was March 2011, where the current energy rating was D, and the potential energy rating was C.

8 LETCHMORE ROAD Sold Prices

Land registry data shows two sales for 8 LETCHMORE ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Stevenage local authority area for the corresponding sale date. Both of the two 8 LETCHMORE ROAD 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
2011 10 NOV	£265,000	£346,214	23% below HPI
1996 2 SEP	£95,000	£110,099	14% below HPI

8 LETCHMORE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stevenage local authority area over time, sourced from the HPI. The two 8 LETCHMORE ROAD sales from September 1996 and November 2011 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 September 1996 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2011 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 8 LETCHMORE ROAD be worth now?

8 LETCHMORE ROAD might now be worth an estimated £492,409.

This is based on house price inflation of 85.8%, between November 2011 and February 2025, for detached houses, in the Stevenage local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 85.8% inflationary increase is applied to the most recent sale price for 8 LETCHMORE ROAD of £265,000 on 10th November 2011. For the value to have increased from £265,000 to £492,409 over the fourteen years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 LETCHMORE ROAD has moved in line with the HPI for detached houses in the Stevenage local authority area.
• The November 2011 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LETCHMORE ROAD has not materially changed since November 2011.

How Large is 8 LETCHMORE ROAD?

8 LETCHMORE ROAD is 95m² according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of detached houses houses in Stevenage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stevenage, and where 8 LETCHMORE ROAD lies on this distribution: 20% of detached houses houses are smaller than 8 LETCHMORE ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Stevenage.

8 LETCHMORE ROAD: Plot and Title Map

8 LETCHMORE ROAD sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 8 LETCHMORE ROAD, 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 LETCHMORE ROAD). 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 LETCHMORE ROAD?

8 LETCHMORE ROAD is located in STEVENAGE, in the SG1 postcode district. The below map shows the position of No. 8 on LETCHMORE ROAD.