18, SCHOLARS MEWS, WELWYN GARDEN CITY, AL8 7JQ - £1,075,000

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 SCHOLARS MEWS is a large detached house of 144m², built sometime between 1996 and 2002. It was last sold for £1,075,000 in December 2020, which was around 24% above the average December 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

18 SCHOLARS MEWS Sold Prices

Land registry data shows five sales for 18 SCHOLARS MEWS since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the five 18 SCHOLARS MEWS 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
2020 14 DEC	£1,075,000	£866,308	24% above HPI
2011 18 JUL	£650,000	£520,011	25% above HPI
2005 25 OCT	£600,000	£448,979	34% above HPI
2002 27 MAR	£407,000	£345,498	18% above HPI
1997 24 OCT	£344,995	£210,544	64% above HPI

18 SCHOLARS MEWS 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 five 18 SCHOLARS MEWS sales between October 1997 and December 2020 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 July 2011 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 18 SCHOLARS MEWS?

18 SCHOLARS MEWS is 144m² according to the EPC inspection conducted in June 2020. This puts it in the largest 40% of detached houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn Garden City, and where 18 SCHOLARS MEWS lies on this distribution: 66% of detached houses are smaller than 18 SCHOLARS MEWS, and 33% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

18 SCHOLARS MEWS: Plot and Title Map

18 SCHOLARS MEWS sits on a plot of roughly 0.121 of an acre, or 492m². The below map shows the location of 18 SCHOLARS MEWS, 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 SCHOLARS MEWS). 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 SCHOLARS MEWS?

18 SCHOLARS MEWS is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 18 on SCHOLARS MEWS.