1, CHELVESTON, WELWYN GARDEN CITY, AL7 2PW - £625,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 CHELVESTON is a midsized detached house of 118m², built sometime between 1991 and 1995, which could now be worth an estimated £663,212. It was last sold for £625,000 in June 2021, which was around 29% below the average June 2021 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

1 CHELVESTON Sold Prices

Land registry data shows four sales for 1 CHELVESTON since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the four 1 CHELVESTON 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 10 JUN	£625,000	£883,919	29% below HPI
2004 31 AUG	£285,000	£452,778	37% below HPI
2000 16 AUG	£228,000	£317,556	28% below HPI
1999 2 JUL	£170,000	£247,854	31% below HPI

1 CHELVESTON 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 four 1 CHELVESTON sales between July 1999 and June 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 August 2004 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the June 2021 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 1 CHELVESTON be worth now?

1 CHELVESTON might now be worth an estimated £663,212.

This is based on house price inflation of 6.1%, between June 2021 and February 2025, for detached houses, in the Welwyn Hatfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.1% inflationary increase is applied to the most recent sale price for 1 CHELVESTON of £625,000 on 10th June 2021. For the value to have increased from £625,000 to £663,212 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 1 CHELVESTON has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The June 2021 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 1 CHELVESTON has not materially changed since June 2021.

How Large is 1 CHELVESTON?

1 CHELVESTON is 118m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% of detached houses houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welwyn Garden City, and where 1 CHELVESTON lies on this distribution: 43% of detached houses houses are smaller than 1 CHELVESTON, and 57% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

1 CHELVESTON: Plot and Title Map

1 CHELVESTON sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 1 CHELVESTON, 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 CHELVESTON). 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 CHELVESTON?

1 CHELVESTON is located in WELWYN GARDEN CITY, in the AL7 postcode district. The below map shows the position of No. 1 on CHELVESTON.