9, THE MEADS, LETCHWORTH GARDEN CITY, SG6 3SE - £470,000

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 THE MEADS is a very small extended detached house of 83m², built sometime between 1900 and 1929. It was last sold for £470,000 in October 2017, which was around 24% below the average October 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2017, where the current energy rating was E, and the potential energy rating was D.

9 THE MEADS Sold Prices

Land registry data shows two sales for 9 THE MEADS 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 THE MEADS 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
2017 6 OCT	£470,000	£619,717	24% below HPI
2009 30 OCT	£222,500	£366,726	39% below HPI

9 THE MEADS 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 THE MEADS sales from October 2009 and October 2017 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 2009 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the October 2017 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 9 THE MEADS?

9 THE MEADS is 83m², which includes two extensions, according to the EPC inspection conducted in April 2017. 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 9 THE MEADS lies on this distribution: 10% of detached houses are smaller than 9 THE MEADS, and 89% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

9 THE MEADS: Plot and Title Map

9 THE MEADS sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 9 THE MEADS, 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 THE MEADS). 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 THE MEADS?

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