10A, OAKLEA WOOD, WELWYN, AL6 0PJ - £721,500

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.

10A OAKLEA WOOD is a midsized extended detached house of 158m², built sometime between 1983 and 1990, which could now be worth an estimated £700,743. It was last sold for £721,500 in February 2023, which was around 25% below the average February 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

10A OAKLEA WOOD Sold Prices

Land registry data shows four sales for 10A OAKLEA WOOD 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 10A OAKLEA WOOD 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 10 FEB	£721,500	£965,745	25% below HPI
2011 16 AUG	£499,950	£536,297	7% below HPI
2003 3 DEC	£443,000	£447,014	1% below HPI
1995 14 DEC	£176,000	£164,649	7% above HPI

10A 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 four 10A OAKLEA WOOD sales between December 1995 and February 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 August 2011 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 10A OAKLEA WOOD be worth now?

10A OAKLEA WOOD might now be worth an estimated £700,743.

This is based on house price deflation of 2.9%, between February 2023 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 2.9% deflationary decrease is applied to the most recent sale price for 10A OAKLEA WOOD of £721,500 on 10th February 2023. For the value to have decreased from £721,500 to £700,743 over the two years to February 2025, the following assumptions must hold true:

• The value of 10A OAKLEA WOOD has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The February 2023 sale price of £721,500 represented a fair market value for the property.
• The size, condition, and specification of 10A OAKLEA WOOD has not materially changed since February 2023.

How Large is 10A OAKLEA WOOD?

10A OAKLEA WOOD is 158m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% 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 10A OAKLEA WOOD lies on this distribution: 50% of detached houses houses are smaller than 10A OAKLEA WOOD, and 50% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

10A OAKLEA WOOD: Plot and Title Map

10A OAKLEA WOOD sits on a plot of roughly 0.181 of an acre, or 733m². The below map shows the location of 10A 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 10A 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 10A OAKLEA WOOD?

10A OAKLEA WOOD is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 10A on OAKLEA WOOD.