2, NEW ROAD, WELWYN, AL6 0AG - £1,750,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 NEW ROAD is a very large extended detached house of 412m², built sometime between 1900 and 1929. It was last sold for £1,750,000 in July 2022, which was around 87% above the average July 2022 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was C.

2 NEW ROAD Sold Prices

Land registry data shows two sales for 2 NEW ROAD 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 2 NEW ROAD 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
2022 15 JUL	£1,750,000	£937,835	87% above HPI
2000 3 APR	£455,000	£283,310	61% above HPI

2 NEW ROAD 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 2 NEW ROAD sales from April 2000 and July 2022 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 April 2000 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the July 2022 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

How Large is 2 NEW ROAD?

2 NEW ROAD is 412m², which includes three extensions, according to the EPC inspection conducted in June 2021. This puts it in the largest 10% 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 2 NEW ROAD lies on this distribution: 99% of detached houses are smaller than 2 NEW ROAD, and 1% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

2 NEW ROAD: Plot and Title Map

2 NEW ROAD sits on a plot of roughly 0.290 of an acre, or 1,173m². The below map shows the location of 2 NEW ROAD, 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 2 NEW ROAD). 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 2 NEW ROAD?

2 NEW ROAD is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 2 on NEW ROAD.