16, NEW ROAD, WELWYN, AL6 0AG - £1,215,000

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.

16 NEW ROAD is a very large extended detached house of 260m², built sometime between 1900 and 1929, which could now be worth an estimated £1,410,415. It was last sold for £1,215,000 in August 2017, which was around 50% above the average August 2017 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was May 2016, where the current energy rating was E, and the potential energy rating was C.

16 NEW ROAD Sold Prices

Land registry data shows three sales for 16 NEW ROAD 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 16 NEW ROAD 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
2017 7 AUG	£1,215,000	£808,005	50% above HPI
2005 10 AUG	£860,000	£456,662	88% above HPI
1999 29 NOV	£550,000	£274,727	100% above HPI

16 NEW ROAD 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 16 NEW ROAD sales between November 1999 and August 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 August 2005 sale was for 88% above the HPI. So the extrapolation line tracks at 88% above the HPI over time, until the August 2017 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 16 NEW ROAD be worth now?

16 NEW ROAD might now be worth an estimated £1,410,415.

This is based on house price inflation of 16.1%, between August 2017 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 16.1% inflationary increase is applied to the most recent sale price for 16 NEW ROAD of £1,215,000 on 7th August 2017. For the value to have increased from £1,215,000 to £1,410,415 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 16 NEW ROAD has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The August 2017 sale price of £1,215,000 represented a fair market value for the property.
• The size, condition, and specification of 16 NEW ROAD has not materially changed since August 2017.

How Large is 16 NEW ROAD?

16 NEW ROAD is 260m², which includes two extensions, according to the EPC inspection conducted in May 2016. This puts it in the largest 10% 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 16 NEW ROAD lies on this distribution: 95% of detached houses houses are smaller than 16 NEW ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

16 NEW ROAD: Plot and Title Map

16 NEW ROAD sits on a plot of roughly 0.304 of an acre, or 1,230m². The below map shows the location of 16 NEW 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 NEW 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 NEW ROAD?

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