114, ICKNIELD WAY, LETCHWORTH GARDEN CITY, SG6 4AW - £460,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

114 ICKNIELD WAY is a small extended semi-detached house of 111m², built sometime between 1900 and 1929, which could now be worth an estimated £541,531. It was last sold for £460,000 in November 2016, which was around 20% above the average November 2016 semi-detached price in the North Hertfordshire local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was C.

114 ICKNIELD WAY Sold Prices

Land registry data shows four sales for 114 ICKNIELD WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the four 114 ICKNIELD WAY 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
2016 29 NOV	£460,000	£381,947	20% above HPI
2004 14 MAY	£237,450	£206,622	15% above HPI
1997 21 NOV	£119,995	£85,978	40% above HPI
1995 1 SEP	£85,650	£73,150	17% above HPI

114 ICKNIELD WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The four 114 ICKNIELD WAY sales between September 1995 and November 2016 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 2004 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the November 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 114 ICKNIELD WAY be worth now?

114 ICKNIELD WAY might now be worth an estimated £541,531.

This is based on house price inflation of 17.7%, between November 2016 and June 2025, for semi-detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.7% inflationary increase is applied to the most recent sale price for 114 ICKNIELD WAY of £460,000 on 29th November 2016. For the value to have increased from £460,000 to £541,531 over the nine years and five months to June 2025, the following assumptions must hold true:

• The value of 114 ICKNIELD WAY has moved in line with the HPI for semi-detached houses in the North Hertfordshire local authority area.
• The November 2016 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of 114 ICKNIELD WAY has not materially changed since November 2016.

How Large is 114 ICKNIELD WAY?

114 ICKNIELD WAY is 111m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 40% of semi-detached houses houses in Letchworth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Letchworth, and where 114 ICKNIELD WAY lies on this distribution: 34% of semi-detached houses houses are smaller than 114 ICKNIELD WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

114 ICKNIELD WAY: Plot and Title Map

114 ICKNIELD WAY sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 114 ICKNIELD WAY, 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 114 ICKNIELD WAY). 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 114 ICKNIELD WAY?

114 ICKNIELD WAY is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 114 on ICKNIELD WAY.