1 Lavender Way

    1, LAVENDER WAY, HITCHIN, SG5 2LU

    This detached freehold property on Lavender Way last sold in December 2016 for £703,000. Based on price growth in the SG5 district since then, its estimated current value is £929,903 — placing it in the 95th percentile nationally and the 94th percentile within SG5. The property covers 134 m² (1,442 sq ft), giving an estimated value of £6,940 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,442 sq ft

    134 m²

    Last Sale Price

    £703,000

    Dec 2016

    Estimated Valuation

    £929,903

    Est. £/sq ft

    £645/sq ft

    £6,940/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,442 sq ft (134 m²)
    EPC dateSept 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    5 Dec 2016

    £703,000

    Key Metrics

    Estimated valuation£929,903
    Value per sq ft / m²£645/sq ft (£6,940/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SG5 district percentile94th percentile
    National percentile95th percentile

    District Context — SG5

    SG5 covers Letchworth Garden City and surrounding settlements in north Hertfordshire, positioned between Cambridge and London. The area combines planned-town heritage with commuter appeal and established residential communities.

    Average Property Price - SG5

    £488,627

    79

    National percentile

    Average Net Household Income - SG5

    £49,246

    87

    National percentile

    10-Year Annualised Price Growth - SG5

    4.1%

    70

    National percentile

    10-Year Annualised Rent Growth - SG

    4.5%

    83

    National percentile

    View full analysis for SG5

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