18, SOVEREIGN PLACE, HATFIELD, AL9 5EL - £575,000

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 SOVEREIGN PLACE is a small detached house of 117m². It was last sold for £575,000 in May 2021, which was around 32% below the average May 2021 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

18 SOVEREIGN PLACE Sold Prices

Land registry data shows two sales for 18 SOVEREIGN PLACE 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 SOVEREIGN PLACE 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
2021 28 MAY	£575,000	£841,607	32% below HPI
2014 23 DEC	£439,950	£630,330	30% below HPI

18 SOVEREIGN PLACE 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 SOVEREIGN PLACE sales from December 2014 and May 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 December 2014 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 18 SOVEREIGN PLACE?

18 SOVEREIGN PLACE is 117m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 40% of detached houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield, and where 18 SOVEREIGN PLACE lies on this distribution: 31% of detached houses are smaller than 18 SOVEREIGN PLACE, and 67% of houses are larger. Note that EPC data is not available for all properties in Hatfield.

18 SOVEREIGN PLACE: Plot and Title Map

18 SOVEREIGN PLACE sits on a plot of roughly 0.066 of an acre, or 265m². The below map shows the location of 18 SOVEREIGN PLACE, 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 SOVEREIGN PLACE). 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 SOVEREIGN PLACE?

18 SOVEREIGN PLACE is located in HATFIELD, in the AL9 postcode district. The below map shows the position of No. 18 on SOVEREIGN PLACE.