12, OLDEN MEAD, LETCHWORTH GARDEN CITY, SG6 2SP - £578,000

12 OLDEN MEAD is a large extended detached house of 160m², built sometime between 1967 and 1975. It was last sold for £578,000 in August 2019, which was around 6% below the average August 2019 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

12 OLDEN MEAD Sold Prices

Land registry data shows four sales for 12 OLDEN MEAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. two of the four 12 OLDEN MEAD sales were for below the average price, and four 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
2019 9 AUG	£578,000	£612,611	6% below HPI
2010 27 OCT	£385,000	£404,958	5% below HPI
1999 26 MAR	£172,000	£157,464	9% above HPI
1995 17 AUG	£145,000	£116,636	24% above HPI

12 OLDEN MEAD 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 four 12 OLDEN MEAD sales between August 1995 and August 2019 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 October 2010 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the August 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 OLDEN MEAD?

12 OLDEN MEAD is 160m², which includes two extensions, according to the EPC inspection conducted in March 2019. This puts it in the largest 30% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 12 OLDEN MEAD lies on this distribution: 76% of detached houses are smaller than 12 OLDEN MEAD, and 24% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

12 OLDEN MEAD: Plot and Title Map

12 OLDEN MEAD sits on a plot of roughly 1.1 acres, or 4,409m². The below map shows the location of 12 OLDEN MEAD, 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 12 OLDEN MEAD). 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 12 OLDEN MEAD?

12 OLDEN MEAD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 12 on OLDEN MEAD.