12, NEW ROAD, WELWYN GARDEN CITY, AL8 7TX - £465,000

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

12 NEW ROAD is a very small extended detached house of 75m², built sometime between 1950 and 1966. It was last sold for £465,000 in October 2017, which was around 42% below the average October 2017 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

12 NEW ROAD Sold Prices

Land registry data shows two sales for 12 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. Both of the two 12 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
2017 31 OCT	£465,000	£802,270	42% below HPI
2015 11 NOV	£444,000	£709,526	37% below HPI

12 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 two 12 NEW ROAD sales from November 2015 and October 2017 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 November 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the October 2017 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 12 NEW ROAD?

12 NEW ROAD is 75m², which includes two extensions, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of detached houses in Stanborough, based on EPC data. The below chart shows the distribution of detached houses by size in Stanborough, and where 12 NEW ROAD lies on this distribution: 10% of detached houses are smaller than 12 NEW ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Stanborough.

12 NEW ROAD: Plot and Title Map

12 NEW ROAD sits on a plot of roughly 0.148 of an acre, or 598m². The below map shows the location of 12 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 12 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 12 NEW ROAD?

12 NEW ROAD is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 12 on NEW ROAD.