2, OAKFIELDS AVENUE, KNEBWORTH, SG3 6NP - £1,550,000

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.

2 OAKFIELDS AVENUE is a very large extended detached house of 269m², built sometime between 1967 and 1975, which could now be worth an estimated £1,733,610. It was last sold for £1,550,000 in April 2021, which was around 123% above the average April 2021 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

2 OAKFIELDS AVENUE Sold Prices

Land registry data shows two sales for 2 OAKFIELDS AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. Both of the two 2 OAKFIELDS AVENUE 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
2021 15 APR	£1,550,000	£693,958	123% above HPI
1995 8 SEP	£310,000	£129,466	139% above HPI

2 OAKFIELDS AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The two 2 OAKFIELDS AVENUE sales from September 1995 and April 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 September 1995 sale was for 139% above the HPI. So the extrapolation line tracks at 139% above the HPI over time, until the April 2021 sale, where it falls to 123% above the HPI. The line then continues to track at 123% above the HPI.

What might 2 OAKFIELDS AVENUE be worth now?

2 OAKFIELDS AVENUE might now be worth an estimated £1,733,610.

This is based on house price inflation of 11.8%, between April 2021 and February 2025, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.8% inflationary increase is applied to the most recent sale price for 2 OAKFIELDS AVENUE of £1,550,000 on 15th April 2021. For the value to have increased from £1,550,000 to £1,733,610 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 2 OAKFIELDS AVENUE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The April 2021 sale price of £1,550,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAKFIELDS AVENUE has not materially changed since April 2021.

How Large is 2 OAKFIELDS AVENUE?

2 OAKFIELDS AVENUE is 269m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the largest 10% of detached houses houses in Knebworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Knebworth, and where 2 OAKFIELDS AVENUE lies on this distribution: 95% of detached houses houses are smaller than 2 OAKFIELDS AVENUE, and 5% of houses are larger. Note that EPC data is not available for all properties in Knebworth.

2 OAKFIELDS AVENUE: Plot and Title Map

2 OAKFIELDS AVENUE sits on a plot of roughly 0.829 of an acre, or 3,354m². The below map shows the location of 2 OAKFIELDS AVENUE, 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 OAKFIELDS AVENUE). 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 OAKFIELDS AVENUE?

2 OAKFIELDS AVENUE is located in KNEBWORTH, in the SG3 postcode district. The below map shows the position of No. 2 on OAKFIELDS AVENUE.