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
81 BEDFORD ROAD is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £555,000 in July 2023, which was around 22% below the average July 2023 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows three sales for 81 BEDFORD ROAD 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 81 BEDFORD 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 |
---|---|---|---|
2023 7 JUL | £555,000 | £711,698 | 22% below HPI |
2021 30 SEP | £495,000 | £662,203 | 25% below HPI |
2016 26 AUG | £395,000 | £594,960 | 34% 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 81 BEDFORD ROAD sales between August 2016 and July 2023 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 2021 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
81 BEDFORD ROAD is 81m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 81 BEDFORD ROAD lies on this distribution: 9% of detached houses are smaller than 81 BEDFORD ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Letchworth.
81 BEDFORD ROAD sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 81 BEDFORD 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 81 BEDFORD 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.
81 BEDFORD ROAD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 81 on BEDFORD ROAD.