4, MILNE CLOSE, LETCHWORTH GARDEN CITY, SG6 2TA - £445,000

4 MILNE CLOSE is a very small extended detached house of 90m², built sometime between 1976 and 1982. It was last sold for £445,000 in June 2018, which was around 30% below the average June 2018 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was B.

4 MILNE CLOSE Sold Prices

Land registry data shows three sales for 4 MILNE CLOSE 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 4 MILNE CLOSE sales were 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
2018 22 JUN	£445,000	£637,599	30% below HPI
2006 28 JUL	£266,000	£366,303	27% below HPI
2005 8 JUL	£244,000	£345,070	29% below HPI

4 MILNE CLOSE 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 4 MILNE CLOSE sales between July 2005 and June 2018 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 2006 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2018 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 MILNE CLOSE?

4 MILNE CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 4 MILNE CLOSE lies on this distribution: 16% of detached houses are smaller than 4 MILNE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

4 MILNE CLOSE: Plot and Title Map

4 MILNE CLOSE sits on a plot of roughly 0.330 of an acre, or 1,335m². The below map shows the location of 4 MILNE CLOSE, 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 4 MILNE CLOSE). 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 4 MILNE CLOSE?

4 MILNE CLOSE is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 4 on MILNE CLOSE.