14, PARK STREET, HATFIELD, AL9 5AZ - £520,000

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.

14 PARK STREET is a very small detached house of 99m², built sometime between 1967 and 1975, which could now be worth an estimated £547,574. It was last sold for £520,000 in November 2020, which was around 42% below the average November 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

14 PARK STREET Sold Prices

Land registry data shows four sales for 14 PARK STREET 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 14 PARK STREET 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 23 NOV	£520,000	£890,728	42% below HPI
2018 13 FEB	£463,000	£842,218	45% below HPI
2007 14 DEC	£318,000	£527,508	40% below HPI
2001 2 FEB	£170,000	£326,993	48% below HPI

14 PARK STREET 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 14 PARK STREET sales between February 2001 and November 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 February 2018 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the November 2020 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 14 PARK STREET be worth now?

14 PARK STREET might now be worth an estimated £547,574.

This is based on house price inflation of 5.3%, between November 2020 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 5.3% inflationary increase is applied to the most recent sale price for 14 PARK STREET of £520,000 on 23rd November 2020. For the value to have increased from £520,000 to £547,574 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 PARK STREET has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The November 2020 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 14 PARK STREET has not materially changed since November 2020.

How Large is 14 PARK STREET?

14 PARK STREET is 99m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of detached houses houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield, and where 14 PARK STREET lies on this distribution: 14% of detached houses houses are smaller than 14 PARK STREET, and 85% of houses are larger. Note that EPC data is not available for all properties in Hatfield.

14 PARK STREET: Plot and Title Map

14 PARK STREET sits on a plot of roughly 0.030 of an acre, or 123m². The below map shows the location of 14 PARK STREET, 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 14 PARK STREET). 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 14 PARK STREET?

14 PARK STREET is located in HATFIELD, in the AL9 postcode district. The below map shows the position of No. 14 on PARK STREET.