1, BULLS LANE, WELHAM GREEN, HATFIELD, AL9 7NX - £415,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 BULLS LANE is a small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £415,000 in August 2006, which was around 10% below the average August 2006 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

1 BULLS LANE Sold Prices

Land registry data shows two sales for 1 BULLS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. Both of the two 1 BULLS LANE 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
2006 7 AUG	£415,000	£460,877	10% below HPI
1996 30 MAY	£153,000	£164,267	7% below HPI

1 BULLS LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The two 1 BULLS LANE sales from May 1996 and August 2006 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 1996 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the August 2006 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 1 BULLS LANE?

1 BULLS LANE is 98m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in Welham Green, based on EPC data. The below chart shows the distribution of detached houses by size in Welham Green, and where 1 BULLS LANE lies on this distribution: 30% of detached houses are smaller than 1 BULLS LANE, and 70% of houses are larger. Note that EPC data is not available for all properties in Welham Green.

1 BULLS LANE: Plot and Title Map

1 BULLS LANE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 1 BULLS LANE, 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 1 BULLS LANE). 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 1 BULLS LANE?

1 BULLS LANE is located in WELHAM GREEN, in the AL9 postcode district. The below map shows the position of No. 1 on BULLS LANE.