1, ROUNDABOUT LANE, WELWYN, AL6 0TQ - £790,000

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 ROUNDABOUT LANE is a large extended detached house of 196m², built sometime between 1900 and 1929, which could now be worth an estimated £892,613. It was last sold for £790,000 in March 2019, which was around 5% below the average March 2019 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was C.

1 ROUNDABOUT LANE Sold Prices

Land registry data shows two sales for 1 ROUNDABOUT 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. One of the two 1 ROUNDABOUT LANE 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
2019 6 MAR	£790,000	£830,135	5% below HPI
2006 24 MAR	£580,000	£460,576	26% above HPI

1 ROUNDABOUT 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 ROUNDABOUT LANE sales from March 2006 and March 2019 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 March 2006 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2019 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 1 ROUNDABOUT LANE be worth now?

1 ROUNDABOUT LANE might now be worth an estimated £892,613.

This is based on house price inflation of 13%, between March 2019 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 13% inflationary increase is applied to the most recent sale price for 1 ROUNDABOUT LANE of £790,000 on 6th March 2019. For the value to have increased from £790,000 to £892,613 over the six years and one month to February 2025, the following assumptions must hold true:

• The value of 1 ROUNDABOUT LANE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The March 2019 sale price of £790,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ROUNDABOUT LANE has not materially changed since March 2019.

How Large is 1 ROUNDABOUT LANE?

1 ROUNDABOUT LANE is 196m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the largest 30% of detached houses houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oaklands, and where 1 ROUNDABOUT LANE lies on this distribution: 70% of detached houses houses are smaller than 1 ROUNDABOUT LANE, and 29% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

1 ROUNDABOUT LANE: Plot and Title Map

1 ROUNDABOUT LANE sits on a plot of roughly 0.249 of an acre, or 1,008m². The below map shows the location of 1 ROUNDABOUT 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 ROUNDABOUT 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 ROUNDABOUT LANE?

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