18, OAKLANDS RISE, WELWYN, AL6 0RN - £1,420,000

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

18 OAKLANDS RISE is a very large extended detached house of 262m², built sometime between 1996 and 2002. It was last sold for £1,420,000 in June 2021, which was around 66% above the average June 2021 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was September 2020, where the current energy rating was C, and the potential energy rating was C.

18 OAKLANDS RISE Sold Prices

Land registry data shows two sales for 18 OAKLANDS RISE 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 18 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
2021 16 JUN	£1,420,000	£854,393	66% above HPI
1998 29 JUN	£349,500	£221,664	58% above HPI

18 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 two 18 OAKLANDS RISE sales from June 1998 and June 2021 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 1998 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the June 2021 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

How Large is 18 OAKLANDS RISE?

18 OAKLANDS RISE is 262m², which includes three extensions, according to the EPC inspection conducted in September 2020. This puts it in the largest 10% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 18 OAKLANDS RISE lies on this distribution: 92% of detached houses are smaller than 18 OAKLANDS RISE, and 8% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

18 OAKLANDS RISE: Plot and Title Map

18 OAKLANDS RISE sits on a plot of roughly 0.393 of an acre, or 1,591m². The below map shows the location of 18 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 18 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 18 OAKLANDS RISE?

18 OAKLANDS RISE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 18 on OAKLANDS RISE.