SCHOOL HOUSE, CHURCH ROAD, WILLIAN, LETCHWORTH GARDEN CITY, SG6 2AQ - £625,000

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

SCHOOL HOUSE is a midsized extended detached house of 124m², built sometime between 1900 and 1929. It was last sold for £625,000 in August 2017, which was around 2% above the average August 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2012, where the current energy rating was E, and the potential energy rating was C.

SCHOOL HOUSE Sold Prices

Land registry data shows three sales for SCHOOL HOUSE since 1^st 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 SCHOOL HOUSE sales were for above 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 23 AUG	£625,000	£609,999	2% above HPI
2013 10 JUL	£482,500	£406,175	19% above HPI
2006 13 FEB	£437,500	£345,342	27% above HPI

SCHOOL HOUSE 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 three SCHOOL HOUSE sales between February 2006 and August 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 July 2013 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the August 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 124m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 50% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where SCHOOL HOUSE lies on this distribution: 49% of detached houses are smaller than SCHOOL HOUSE, and 50% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

SCHOOL HOUSE is located on CHURCH ROAD in WILLIAN, in the SG6 postcode district. The below map shows the position of SCHOOL HOUSE on CHURCH ROAD.