1, NEW PLACE, WELWYN, AL6 9QA - £770,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 NEW PLACE is a small detached house of 133m², built sometime between 1983 and 1990. It was last sold for £770,000 in July 2020, which was around 5% below the average July 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was May 2018, where the current energy rating was B, and the potential energy rating was B.

1 NEW PLACE Sold Prices

Land registry data shows two sales for 1 NEW PLACE 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. One of the two 1 NEW PLACE sales was for below the average price, whilst the other was 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
2020 31 JUL	£770,000	£810,749	5% below HPI
1998 24 DEC	£283,000	£222,304	27% above HPI

1 NEW PLACE 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 NEW PLACE sales from December 1998 and July 2020 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 December 1998 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2020 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 1 NEW PLACE?

1 NEW PLACE is 133m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 40% of detached houses in Welwyn, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn, and where 1 NEW PLACE lies on this distribution: 32% of detached houses are smaller than 1 NEW PLACE, and 66% of houses are larger. Note that EPC data is not available for all properties in Welwyn.

1 NEW PLACE: Plot and Title Map

1 NEW PLACE sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of 1 NEW PLACE, 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 NEW PLACE). 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 NEW PLACE?

1 NEW PLACE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 1 on NEW PLACE.