1A, CHESTNUT WALK, WELWYN, AL6 0SB - £750,000

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.

1A CHESTNUT WALK is a large extended detached house of 214m², built sometime between 1967 and 1975, which could now be worth an estimated £821,957. It was last sold for £750,000 in December 2018, which was around 12% below the average December 2018 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

1A CHESTNUT WALK Sold Prices

Land registry data shows four sales for 1A CHESTNUT WALK since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. two of the four 1A CHESTNUT WALK sales were for below the average price, and four 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
2018 10 DEC	£750,000	£855,849	12% below HPI
2015 17 FEB	£700,000	£661,762	6% above HPI
2007 1 OCT	£625,000	£533,444	17% above HPI
2000 10 NOV	£250,000	£320,381	22% below HPI

1A CHESTNUT WALK 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 four 1A CHESTNUT WALK sales between November 2000 and December 2018 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 February 2015 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1A CHESTNUT WALK be worth now?

1A CHESTNUT WALK might now be worth an estimated £821,957.

This is based on house price inflation of 9.6%, between December 2018 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 9.6% inflationary increase is applied to the most recent sale price for 1A CHESTNUT WALK of £750,000 on 10th December 2018. For the value to have increased from £750,000 to £821,957 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 1A CHESTNUT WALK has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The December 2018 sale price of £750,000 represented a fair market value for the property.
• The size, condition, and specification of 1A CHESTNUT WALK has not materially changed since December 2018.

How Large is 1A CHESTNUT WALK?

1A CHESTNUT WALK is 214m², which includes three extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 30% 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 1A CHESTNUT WALK lies on this distribution: 79% of detached houses houses are smaller than 1A CHESTNUT WALK, and 21% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

1A CHESTNUT WALK: Plot and Title Map

1A CHESTNUT WALK sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 1A CHESTNUT WALK, 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 1A CHESTNUT WALK). 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 1A CHESTNUT WALK?

1A CHESTNUT WALK is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 1A on CHESTNUT WALK.