45, STATION WAY, LETCHWORTH GARDEN CITY, SG6 3SD - £450,000

45 STATION WAY is a small extended detached house of 110m², built sometime between 1900 and 1929. It was last sold for £450,000 in March 2022, which was around 35% below the average March 2022 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was E, and the potential energy rating was C.

45 STATION WAY Sold Prices

Land registry data shows two sales for 45 STATION WAY 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 45 STATION WAY 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
2022 28 MAR	£450,000	£689,719	35% below HPI
2006 11 MAY	£316,500	£354,206	11% below HPI

45 STATION WAY 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 45 STATION WAY sales from May 2006 and March 2022 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 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 45 STATION WAY?

45 STATION WAY is 110m², which includes four extensions, according to the EPC inspection conducted in August 2021. This puts it in the smallest 40% of detached houses in Letchworth, based on EPC data. The below chart shows the distribution of detached houses by size in Letchworth, and where 45 STATION WAY lies on this distribution: 34% of detached houses are smaller than 45 STATION WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

45 STATION WAY: Plot and Title Map

45 STATION WAY sits on a plot of roughly 0.130 of an acre, or 526m². The below map shows the location of 45 STATION 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 45 STATION 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 45 STATION WAY?

45 STATION WAY is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 45 on STATION WAY.