14, THE REEDS, WELWYN GARDEN CITY, AL7 3BN - £750,000

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 THE REEDS is a midsized extended detached house of 131m², built sometime between 1991 and 1995, which could now be worth an estimated £736,720. It was last sold for £750,000 in October 2023, which was around 21% below the average October 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

14 THE REEDS Sold Prices

Land registry data shows four sales for 14 THE REEDS 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. The four 14 THE REEDS 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
2023 25 OCT	£750,000	£954,869	21% below HPI
2014 28 MAR	£488,500	£592,846	18% below HPI
1999 10 SEP	£195,000	£261,072	25% below HPI
1995 30 JUN	£160,000	£159,958	Close to HPI

14 THE REEDS 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 THE REEDS sales between June 1995 and October 2023 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 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2023 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 14 THE REEDS be worth now?

14 THE REEDS might now be worth an estimated £736,720.

This is based on house price deflation of 1.8%, between October 2023 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 1.8% deflationary decrease is applied to the most recent sale price for 14 THE REEDS of £750,000 on 25th October 2023. For the value to have decreased from £750,000 to £736,720 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 14 THE REEDS has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The October 2023 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE REEDS has not materially changed since October 2023.

How Large is 14 THE REEDS?

14 THE REEDS is 131m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 50% 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 14 THE REEDS lies on this distribution: 55% of detached houses houses are smaller than 14 THE REEDS, and 45% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

14 THE REEDS: Plot and Title Map

14 THE REEDS sits on a plot of roughly 0.107 of an acre, or 434m². The below map shows the location of 14 THE REEDS, 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 THE REEDS). 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 THE REEDS?

14 THE REEDS is located in WELWYN GARDEN CITY, in the AL7 postcode district. The below map shows the position of No. 14 on THE REEDS.