11A, OAKLEA, WELWYN, AL6 0PT - £640,000

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.

11A OAKLEA is a very large detached house of 236m², built sometime between 2003 and 2006, which could now be worth an estimated £1,088,260. It was last sold for £640,000 in July 2010, which was around 16% above the average July 2010 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was December 2009, where the current energy rating was C, and the potential energy rating was C.

11A OAKLEA Sold Prices

Land registry data shows three sales for 11A OAKLEA since 1^st 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. Two of the three 11A OAKLEA sales were for above the average price, whilst one was 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
2010 16 JUL	£640,000	£551,610	16% above HPI
2004 5 MAR	£497,000	£455,437	9% above HPI
2003 10 FEB	£350,000	£434,700	19% below HPI

11A OAKLEA 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 three 11A OAKLEA sales between February 2003 and July 2010 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 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the July 2010 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 11A OAKLEA be worth now?

11A OAKLEA might now be worth an estimated £1,088,260.

This is based on house price inflation of 70%, between July 2010 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 70% inflationary increase is applied to the most recent sale price for 11A OAKLEA of £640,000 on 16th July 2010. For the value to have increased from £640,000 to £1,088,260 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 11A OAKLEA has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The July 2010 sale price of £640,000 represented a fair market value for the property.
• The size, condition, and specification of 11A OAKLEA has not materially changed since July 2010.

How Large is 11A OAKLEA?

11A OAKLEA is 236m² according to the EPC inspection conducted in December 2009. This puts it in the largest 20% 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 11A OAKLEA lies on this distribution: 85% of detached houses houses are smaller than 11A OAKLEA, and 15% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

11A OAKLEA: Plot and Title Map

11A OAKLEA sits on a plot of roughly 0.144 of an acre, or 584m². The below map shows the location of 11A OAKLEA, 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 11A OAKLEA). 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 11A OAKLEA?

11A OAKLEA is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 11A on OAKLEA.