12, CHESTNUT WALK, WELWYN, AL6 0SB - £650,000

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.

12 CHESTNUT WALK is a very small extended detached house of 101m², built sometime between 1900 and 1929, which could now be worth an estimated £890,672. It was last sold for £650,000 in June 2015, which was around 5% below the average June 2015 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was C.

12 CHESTNUT WALK Sold Prices

Land registry data shows three sales for 12 CHESTNUT WALK 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. The three 12 CHESTNUT WALK sales were a mix of below the average price, and roughly equal to 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 30 JUN	£650,000	£684,511	5% below HPI
2004 26 OCT	£454,500	£461,720	2% below HPI
1996 5 JUN	£172,000	£172,039	Close to HPI

12 CHESTNUT WALK 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 12 CHESTNUT WALK sales between June 1996 and June 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 October 2004 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2015 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 12 CHESTNUT WALK be worth now?

12 CHESTNUT WALK might now be worth an estimated £890,672.

This is based on house price inflation of 37%, between June 2015 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 37% inflationary increase is applied to the most recent sale price for 12 CHESTNUT WALK of £650,000 on 30th June 2015. For the value to have increased from £650,000 to £890,672 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 12 CHESTNUT WALK has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The June 2015 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CHESTNUT WALK has not materially changed since June 2015.

How Large is 12 CHESTNUT WALK?

12 CHESTNUT WALK is 101m², which includes two extensions, according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 12 CHESTNUT WALK lies on this distribution: 10% of detached houses houses are smaller than 12 CHESTNUT WALK, and 90% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

12 CHESTNUT WALK: Plot and Title Map

12 CHESTNUT WALK sits on a plot of roughly 0.106 of an acre, or 429m². The below map shows the location of 12 CHESTNUT WALK, 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 12 CHESTNUT WALK). 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 12 CHESTNUT WALK?

12 CHESTNUT WALK is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 12 on CHESTNUT WALK.