52, PENN WAY, LETCHWORTH GARDEN CITY, SG6 2SH - £538,000

52 PENN WAY is a small extended detached house of 107m², built sometime between 1967 and 1975. It was last sold for £538,000 in March 2021, which was around 16% below the average March 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

52 PENN WAY Sold Prices

Land registry data shows three sales for 52 PENN WAY 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 52 PENN 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
2021 31 MAR	£538,000	£636,751	16% below HPI
2004 27 JUL	£287,500	£333,613	14% below HPI
1996 19 APR	£107,000	£115,108	7% below HPI

52 PENN 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 three 52 PENN WAY sales between April 1996 and March 2021 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 2004 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the March 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 52 PENN WAY?

52 PENN WAY is 107m², which includes one extension, according to the EPC inspection conducted in December 2020. 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 52 PENN WAY lies on this distribution: 31% of detached houses are smaller than 52 PENN WAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

52 PENN WAY: Plot and Title Map

52 PENN WAY sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 52 PENN 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 52 PENN 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 52 PENN WAY?

52 PENN WAY is located in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of No. 52 on PENN WAY.