16, THE CHASE, WELWYN, AL6 0QT - £687,500

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

16 THE CHASE is a very small extended detached house of 114m², built sometime between 1967 and 1975. It was last sold for £687,500 in July 2024, which was around 25% below the average July 2024 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

16 THE CHASE Sold Prices

Land registry data shows two sales for 16 THE CHASE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. Both of the two 16 THE CHASE 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
2024 11 JUL	£687,500	£916,558	25% below HPI
2002 11 JUN	£279,950	£363,286	23% below HPI

16 THE CHASE 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 two 16 THE CHASE sales from June 2002 and July 2024 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 June 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2024 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 THE CHASE?

16 THE CHASE is 114m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 16 THE CHASE lies on this distribution: 16% of detached houses are smaller than 16 THE CHASE, and 84% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

16 THE CHASE: Plot and Title Map

16 THE CHASE sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 16 THE CHASE, 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 THE CHASE). 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 THE CHASE?

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