THE CORNER, GREEN LANE, LETCHWORTH GARDEN CITY, SG6 1ED - £675,000

THE CORNER is a large extended detached house of 156m², built sometime between 1950 and 1966. It was last sold for £675,000 in October 2015, which was around 26% above the average October 2015 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

THE CORNER Sold Prices

Land registry data shows two sales for THE CORNER 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 THE CORNER sales 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
2015 27 OCT	£675,000	£535,864	26% above HPI
1998 12 AUG	£238,000	£162,508	46% above HPI

THE CORNER 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 THE CORNER sales from August 1998 and October 2015 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 August 1998 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the October 2015 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is THE CORNER?

THE CORNER is 156m², which includes one extension, according to the EPC inspection conducted in January 2016. 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 THE CORNER lies on this distribution: 73% of detached houses are smaller than THE CORNER, and 27% of houses are larger. Note that EPC data is not available for all properties in Letchworth.

THE CORNER: Plot and Title Map

THE CORNER sits on a plot of roughly 0.261 of an acre, or 1,056m². The below map shows the location of THE CORNER, 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 THE CORNER). 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 THE CORNER?

THE CORNER is located on GREEN LANE in LETCHWORTH GARDEN CITY, in the SG6 postcode district. The below map shows the position of THE CORNER on GREEN LANE.