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

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 THE CHASE is a very small extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £685,480. It was last sold for £687,500 in July 2024, which was around 27% 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	£940,725	27% below HPI
2002 11 JUN	£279,950	£375,840	26% 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 16 THE CHASE be worth now?

16 THE CHASE might now be worth an estimated £685,480.

This is based on house price deflation of 0.3%, between July 2024 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 0.3% deflationary decrease is applied to the most recent sale price for 16 THE CHASE of £687,500 on 11th July 2024. For the value to have decreased from £687,500 to £685,480 over the one year and five months to February 2025, the following assumptions must hold true:

• The value of 16 THE CHASE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The July 2024 sale price of £687,500 represented a fair market value for the property.
• The size, condition, and specification of 16 THE CHASE has not materially changed since July 2024.

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 houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oaklands, and where 16 THE CHASE lies on this distribution: 16% of detached houses 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.