1, THE AVENUE, WELWYN, AL6 0PN - £740,000

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 THE AVENUE is a large extended detached house of 212m², built sometime between 1930 and 1949. It was last sold for £740,000 in March 2015, which was around 17% above the average March 2015 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

1 THE AVENUE Sold Prices

Land registry data shows four sales for 1 THE AVENUE 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. Most of the four 1 THE AVENUE 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
2015 18 MAR	£740,000	£632,191	17% above HPI
2007 14 MAR	£595,000	£474,789	25% above HPI
2001 6 APR	£136,627	£314,403	57% below HPI
1998 16 OCT	£299,000	£224,207	33% above HPI

1 THE AVENUE 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 THE AVENUE sales between October 1998 and March 2015 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 2007 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the March 2015 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 1 THE AVENUE?

1 THE AVENUE is 212m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 30% 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 THE AVENUE lies on this distribution: 78% of detached houses are smaller than 1 THE AVENUE, and 22% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

1 THE AVENUE: Plot and Title Map

1 THE AVENUE sits on a plot of roughly 0.384 of an acre, or 1,553m². The below map shows the location of 1 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

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