1, OAKLEA WOOD, WELWYN, AL6 0PJ - £900,000

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 OAKLEA WOOD is a very large detached house of 247m², built sometime between 1996 and 2002. It was last sold for £900,000 in March 2021, which was around 9% above the average March 2021 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was C.

1 OAKLEA WOOD Sold Prices

Land registry data shows two sales for 1 OAKLEA WOOD 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 OAKLEA WOOD 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
2021 25 MAR	£900,000	£824,860	9% above HPI
1998 16 JUN	£325,000	£221,664	47% above HPI

1 OAKLEA WOOD 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 OAKLEA WOOD sales from June 1998 and March 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 June 1998 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2021 sale, where it falls to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 1 OAKLEA WOOD?

1 OAKLEA WOOD is 247m² according to the EPC inspection conducted in February 2020. This puts it in the largest 20% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 1 OAKLEA WOOD lies on this distribution: 89% of detached houses are smaller than 1 OAKLEA WOOD, and 11% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

1 OAKLEA WOOD: Plot and Title Map

1 OAKLEA WOOD sits on a plot of roughly 0.128 of an acre, or 517m². The below map shows the location of 1 OAKLEA WOOD, 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 OAKLEA WOOD). 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 OAKLEA WOOD?

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