9, OAKTREE CLOSE, LETCHWORTH GARDEN CITY, SG6 3XY - £194,000

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

9 OAKTREE CLOSE is a small detached house of 99m², built sometime between 1996 and 2002. It was last sold for £194,000 in May 2001, which was around 13% below the average May 2001 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

9 OAKTREE CLOSE Sold Prices

Land registry data shows two sales for 9 OAKTREE 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 9 OAKTREE 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
2001 30 MAY	£194,000	£221,828	13% below HPI
2000 18 MAY	£185,000	£200,085	8% below HPI

9 OAKTREE 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 9 OAKTREE CLOSE sales from May 2000 and May 2001 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 May 2000 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2001 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 9 OAKTREE CLOSE?

9 OAKTREE CLOSE is 99m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 9 OAKTREE CLOSE lies on this distribution: 23% of detached houses are smaller than 9 OAKTREE CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

9 OAKTREE CLOSE: Plot and Title Map

9 OAKTREE CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 9 OAKTREE 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 9 OAKTREE 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 9 OAKTREE CLOSE?

9 OAKTREE CLOSE is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 9 on OAKTREE CLOSE.