1, FIELD LANE, LETCHWORTH GARDEN CITY, SG6 3LF - £910,000

1 FIELD LANE is a midsized extended detached house of 115m², built sometime between 1900 and 1929. It was last sold for £910,000 in March 2021, which was around 43% above the average March 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was May 2015, where the current energy rating was E, and the potential energy rating was B.

1 FIELD LANE Sold Prices

Land registry data shows two sales for 1 FIELD LANE 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 1 FIELD LANE sales was for above 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
2021 15 MAR	£910,000	£636,751	43% above HPI
2015 20 FEB	£475,000	£485,953	2% below HPI

1 FIELD LANE 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 1 FIELD LANE sales from February 2015 and March 2021 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 February 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the March 2021 sale, where it rises to 43% above the HPI. The line then continues to track at 43% above the HPI.

How Large is 1 FIELD LANE?

1 FIELD LANE is 115m², which includes two extensions, according to the EPC inspection conducted in May 2015. This puts it in the smallest 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 1 FIELD LANE lies on this distribution: 41% of detached houses are smaller than 1 FIELD LANE, and 58% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

1 FIELD LANE: Plot and Title Map

1 FIELD LANE sits on a plot of roughly 1.5 acres, or 5,963m². The below map shows the location of 1 FIELD LANE, 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 1 FIELD LANE). 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 1 FIELD LANE?

1 FIELD LANE is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 1 on FIELD LANE.