THE LODGE, LETCHWORTH LANE, LETCHWORTH GARDEN CITY, SG6 3NR - £455,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

THE LODGE is a midsized extended detached house of 129m², built sometime before 1900. It was last sold for £455,000 in August 2014, which was about the average August 2014 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was E, and the potential energy rating was C.

THE LODGE Sold Prices

Land registry data shows two sales for THE LODGE 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. One of the two THE LODGE sales was roughly equal to the average price, whilst the other was 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
2014 14 AUG	£455,000	£456,732	Close to HPI
1996 21 MAY	£87,000	£116,218	25% below HPI

THE LODGE 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 THE LODGE sales from May 1996 and August 2014 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 1996 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2014 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is THE LODGE?

THE LODGE is 129m², which includes two extensions, according to the EPC inspection conducted in August 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 THE LODGE lies on this distribution: 54% of detached houses are smaller than THE LODGE, and 46% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

THE LODGE: Plot and Title Map

THE LODGE sits on a plot of roughly 0.091 of an acre, or 369m². The below map shows the location of THE LODGE, 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 THE LODGE). 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 THE LODGE?

THE LODGE is located on LETCHWORTH LANE in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of THE LODGE on LETCHWORTH LANE.