12, TEMPLEWOOD, WELWYN GARDEN CITY, AL8 7HX - £585,000

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 TEMPLEWOOD is a very small extended detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £634,449. It was last sold for £585,000 in March 2020, which was around 32% below the average March 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was B.

12 TEMPLEWOOD Sold Prices

Land registry data shows two sales for 12 TEMPLEWOOD 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 TEMPLEWOOD 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
2020 6 MAR	£585,000	£858,400	32% below HPI
1996 26 JUN	£135,000	£172,039	22% below HPI

12 TEMPLEWOOD 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 TEMPLEWOOD sales from June 1996 and March 2020 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 June 1996 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the March 2020 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 TEMPLEWOOD be worth now?

12 TEMPLEWOOD might now be worth an estimated £634,449.

This is based on house price inflation of 8.5%, between March 2020 and March 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 8.5% inflationary increase is applied to the most recent sale price for 12 TEMPLEWOOD of £585,000 on 6th March 2020. For the value to have increased from £585,000 to £634,449 over the five years to March 2025, the following assumptions must hold true:

• The value of 12 TEMPLEWOOD has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The March 2020 sale price of £585,000 represented a fair market value for the property.
• The size, condition, and specification of 12 TEMPLEWOOD has not materially changed since March 2020.

How Large is 12 TEMPLEWOOD?

12 TEMPLEWOOD is 96m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 20% of detached houses houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welwyn Garden City, and where 12 TEMPLEWOOD lies on this distribution: 19% of detached houses houses are smaller than 12 TEMPLEWOOD, and 80% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

12 TEMPLEWOOD: Plot and Title Map

12 TEMPLEWOOD sits on a plot of roughly 0.867 of an acre, or 3,510m². The below map shows the location of 12 TEMPLEWOOD, 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 TEMPLEWOOD). 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 TEMPLEWOOD?

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