40, LONGMEAD, LETCHWORTH GARDEN CITY, SG6 4HR - £344,000

40 LONGMEAD is a midsized detached house of 115m², built sometime between 1950 and 1966. It was last sold for £344,000 in May 2011, which was around 15% below the average May 2011 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was March 2011, where the current energy rating was E, and the potential energy rating was C.

40 LONGMEAD Sold Prices

Land registry data shows two sales for 40 LONGMEAD 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. Both of the two 40 LONGMEAD 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
2011 19 MAY	£344,000	£404,095	15% below HPI
2005 22 APR	£279,995	£341,751	18% below HPI

40 LONGMEAD 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 40 LONGMEAD sales from April 2005 and May 2011 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 April 2005 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2011 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 40 LONGMEAD?

40 LONGMEAD is 115m² according to the EPC inspection conducted in March 2011. 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 40 LONGMEAD lies on this distribution: 41% of detached houses are smaller than 40 LONGMEAD, and 59% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

40 LONGMEAD: Plot and Title Map

40 LONGMEAD sits on a plot of roughly 0.175 of an acre, or 707m². The below map shows the location of 40 LONGMEAD, 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 40 LONGMEAD). 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 40 LONGMEAD?

40 LONGMEAD is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 40 on LONGMEAD.