1A, OAKLEA, WELWYN, AL6 0PT - £717,500

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

1A OAKLEA is a large detached house of 179m², built sometime between 1996 and 2002. It was last sold for £717,500 in July 2017, which was around 8% below the average July 2017 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2022, where the current energy rating was B, and the potential energy rating was A.

1A OAKLEA Sold Prices

Land registry data shows two sales for 1A OAKLEA 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. One of the two 1A OAKLEA sales was for below the average price, whilst the other was 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
2017 28 JUL	£717,500	£782,159	8% below HPI
1998 30 OCT	£285,700	£224,207	27% above HPI

1A OAKLEA 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 1A OAKLEA sales from October 1998 and July 2017 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 October 1998 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the July 2017 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 1A OAKLEA?

1A OAKLEA is 179m² according to the EPC inspection conducted in June 2022. This puts it in the largest 40% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 1A OAKLEA lies on this distribution: 64% of detached houses are smaller than 1A OAKLEA, and 36% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

1A OAKLEA: Plot and Title Map

1A OAKLEA sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 1A OAKLEA, 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 OAKLEA). 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 OAKLEA?

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