1B, HOLLOWAYS LANE, WELHAM GREEN, HATFIELD, AL9 7NR - £575,000

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.

1B HOLLOWAYS LANE is a small semi-detached house of 91m², built sometime between 1976 and 1982, which could now be worth an estimated £683,907. It was last sold for £575,000 in July 2017, which was around 30% above the average July 2017 semi-detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

1B HOLLOWAYS LANE Sold Prices

Land registry data shows two sales for 1B HOLLOWAYS LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Welwyn Hatfield local authority area for the corresponding sale date. One of the two 1B HOLLOWAYS LANE sales was for above the average price, whilst the other was 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
2017 27 JUL	£575,000	£440,878	30% above HPI
2016 21 JUL	£420,000	£447,225	6% below HPI

1B HOLLOWAYS LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The two 1B HOLLOWAYS LANE sales from July 2016 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 July 2016 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the July 2017 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 1B HOLLOWAYS LANE be worth now?

1B HOLLOWAYS LANE might now be worth an estimated £683,907.

This is based on house price inflation of 18.9%, between July 2017 and February 2025, for semi-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 18.9% inflationary increase is applied to the most recent sale price for 1B HOLLOWAYS LANE of £575,000 on 27th July 2017. For the value to have increased from £575,000 to £683,907 over the eight years and five months to February 2025, the following assumptions must hold true:

• The value of 1B HOLLOWAYS LANE has moved in line with the HPI for semi-detached houses in the Welwyn Hatfield local authority area.
• The July 2017 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 1B HOLLOWAYS LANE has not materially changed since July 2017.

How Large is 1B HOLLOWAYS LANE?

1B HOLLOWAYS LANE is 91m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of semi-detached houses houses in Welham Green, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Welham Green, and where 1B HOLLOWAYS LANE lies on this distribution: 24% of semi-detached houses houses are smaller than 1B HOLLOWAYS LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Welham Green.

1B HOLLOWAYS LANE: Plot and Title Map

1B HOLLOWAYS LANE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 1B HOLLOWAYS LANE, 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 1B HOLLOWAYS LANE). 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 1B HOLLOWAYS LANE?

1B HOLLOWAYS LANE is located in WELHAM GREEN, in the AL9 postcode district. The below map shows the position of No. 1B on HOLLOWAYS LANE.