GREENWAYS, NEVELLS GREEN, LETCHWORTH GARDEN CITY, SG6 4UA - £655,000

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

GREENWAYS is a large extended detached house of 141m², built sometime between 1976 and 1982. It was last sold for £655,000 in November 2022, which was around 8% below the average November 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

GREENWAYS Sold Prices

Land registry data shows two sales for GREENWAYS 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 GREENWAYS 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
2022 18 NOV	£655,000	£710,217	8% below HPI
2006 5 SEP	£360,000	£379,802	5% below HPI

GREENWAYS 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 GREENWAYS sales from September 2006 and November 2022 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 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2022 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is GREENWAYS?

GREENWAYS is 141m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 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 GREENWAYS lies on this distribution: 65% of detached houses are smaller than GREENWAYS, and 35% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

GREENWAYS: Plot and Title Map

GREENWAYS sits on a plot of roughly 0.628 of an acre, or 2,542m². The below map shows the location of GREENWAYS, 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 GREENWAYS). 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 GREENWAYS?

GREENWAYS is located on NEVELLS GREEN in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of GREENWAYS on NEVELLS GREEN.