15B, OAKLANDS RISE, WELWYN, AL6 0RN - £980,000

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

15B OAKLANDS RISE is a large extended detached house of 202m², built sometime between 1976 and 1982. It was last sold for £980,000 in October 2020, which was around 15% above the average October 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was C.

15B OAKLANDS RISE Sold Prices

Land registry data shows three sales for 15B OAKLANDS RISE 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. All of the three 15B OAKLANDS RISE sales were for above 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 29 OCT	£980,000	£848,636	15% above HPI
2002 7 AUG	£580,000	£385,033	51% above HPI
1999 17 JUN	£385,000	£237,751	62% above HPI

15B OAKLANDS RISE 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 15B OAKLANDS RISE sales between June 1999 and October 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 August 2002 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the October 2020 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 15B OAKLANDS RISE?

15B OAKLANDS RISE is 202m², which includes one extension, according to the EPC inspection conducted in September 2019. This puts it in the largest 30% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 15B OAKLANDS RISE lies on this distribution: 74% of detached houses are smaller than 15B OAKLANDS RISE, and 26% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

15B OAKLANDS RISE: Plot and Title Map

15B OAKLANDS RISE sits on a plot of roughly 0.347 of an acre, or 1,403m². The below map shows the location of 15B OAKLANDS RISE, 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 15B OAKLANDS RISE). 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 15B OAKLANDS RISE?

15B OAKLANDS RISE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 15B on OAKLANDS RISE.