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
10 FALCON CLOSE is a very small extended terraced house of 99m², built sometime between 1967 and 1975. It was last sold for £480,000 in April 2023, which was around 48% below the average April 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 10 FALCON CLOSE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three 10 FALCON CLOSE 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 |
---|---|---|---|
2023 28 APR | £480,000 | £919,171 | 48% below HPI |
2008 10 JUN | £285,000 | £513,684 | 45% below HPI |
1996 14 AUG | £84,500 | £168,791 | 50% below HPI |
The below graph shows the average detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The three 10 FALCON CLOSE sales between August 1996 and April 2023 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 2008 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the April 2023 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.
10 FALCON CLOSE is 99m², which includes two extensions, according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% of detached houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield, and where 10 FALCON CLOSE lies on this distribution: 15% of detached houses are smaller than 10 FALCON CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Hatfield.
10 FALCON CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 10 FALCON CLOSE, 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 10 FALCON CLOSE). 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.
10 FALCON CLOSE is located in HATFIELD, in the AL10 postcode district. The below map shows the position of No. 10 on FALCON CLOSE.