16, CODICOTE ROAD, WELWYN, AL6 9NQ - £261,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

16 CODICOTE ROAD is a very small extended semi-detached house of 39m², built sometime before 1900, which could now be worth an estimated £309,694. It was last sold for £261,000 in March 2017, which was around 41% below the average March 2017 semi-detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was D.

16 CODICOTE ROAD Sold Prices

Land registry data shows three sales for 16 CODICOTE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three 16 CODICOTE 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 MAR	£261,000	£441,932	41% below HPI
2012 3 FEB	£160,000	£287,162	44% below HPI
1999 15 NOV	£82,500	£135,571	39% below HPI

16 CODICOTE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The three 16 CODICOTE ROAD sales between November 1999 and March 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 February 2012 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the March 2017 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 16 CODICOTE ROAD be worth now?

16 CODICOTE ROAD might now be worth an estimated £309,694.

This is based on house price inflation of 18.7%, between March 2017 and February 2025, for semi-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 18.7% inflationary increase is applied to the most recent sale price for 16 CODICOTE ROAD of £261,000 on 31st March 2017. For the value to have increased from £261,000 to £309,694 over the eight years and one month to February 2025, the following assumptions must hold true:

• The value of 16 CODICOTE ROAD has moved in line with the HPI for semi-detached houses in the Welwyn Hatfield local authority area.
• The March 2017 sale price of £261,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CODICOTE ROAD has not materially changed since March 2017.

How Large is 16 CODICOTE ROAD?

16 CODICOTE ROAD is 39m², which includes one extension, according to the EPC inspection conducted in November 2011. This puts it in the smallest 10% of semi-detached houses houses in Welwyn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Welwyn, and where 16 CODICOTE ROAD lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 16 CODICOTE ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Welwyn.

16 CODICOTE ROAD: Plot and Title Map

16 CODICOTE ROAD sits on a plot of roughly 0.022 of an acre, or 89m². The below map shows the location of 16 CODICOTE 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 16 CODICOTE 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 16 CODICOTE ROAD?

16 CODICOTE ROAD is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 16 on CODICOTE ROAD.