11, NEW ROAD, WOOLMER GREEN, KNEBWORTH, SG3 6JX - £760,000

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.

11 NEW ROAD is a large extended detached house of 143m², built sometime between 1991 and 1995, which could now be worth an estimated £818,873. It was last sold for £760,000 in February 2021, which was around 13% below the average February 2021 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

11 NEW ROAD Sold Prices

Land registry data shows four sales for 11 NEW ROAD 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. All of the four 11 NEW ROAD 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
2021 18 FEB	£760,000	£870,526	13% below HPI
2014 31 MAR	£576,000	£592,846	3% below HPI
2012 2 NOV	£540,000	£565,267	4% below HPI
2002 16 MAY	£358,500	£366,819	2% below HPI

11 NEW ROAD 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 11 NEW ROAD sales between May 2002 and February 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 March 2014 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2021 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 11 NEW ROAD be worth now?

11 NEW ROAD might now be worth an estimated £818,873.

This is based on house price inflation of 7.7%, between February 2021 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 7.7% inflationary increase is applied to the most recent sale price for 11 NEW ROAD of £760,000 on 18th February 2021. For the value to have increased from £760,000 to £818,873 over the four years to February 2025, the following assumptions must hold true:

• The value of 11 NEW ROAD has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The February 2021 sale price of £760,000 represented a fair market value for the property.
• The size, condition, and specification of 11 NEW ROAD has not materially changed since February 2021.

How Large is 11 NEW ROAD?

11 NEW ROAD is 143m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 30% of detached houses houses in Woolmer Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolmer Green, and where 11 NEW ROAD lies on this distribution: 68% of detached houses houses are smaller than 11 NEW ROAD, and 26% of houses are larger. Note that EPC data is not available for all properties in Woolmer Green.

11 NEW ROAD: Plot and Title Map

11 NEW ROAD sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 11 NEW ROAD, 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 11 NEW ROAD). 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 11 NEW ROAD?

11 NEW ROAD is located in WOOLMER GREEN, in the SG3 postcode district. The below map shows the position of No. 11 on NEW ROAD.