2, SHARMANS CLOSE, WELWYN, AL6 0AR - £960,000

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 SHARMANS CLOSE is a very large detached house of 271m², which could now be worth an estimated £1,619,676. It was last sold for £960,000 in June 2011, which was around 73% above the average June 2011 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was B.

2 SHARMANS CLOSE Sold Prices

Land registry data shows two sales for 2 SHARMANS CLOSE 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 SHARMANS CLOSE 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
2011 17 JUN	£960,000	£555,940	73% above HPI
2009 22 APR	£800,000	£460,291	74% above HPI

2 SHARMANS CLOSE 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 SHARMANS CLOSE sales from April 2009 and June 2011 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 2009 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the June 2011 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might 2 SHARMANS CLOSE be worth now?

2 SHARMANS CLOSE might now be worth an estimated £1,619,676.

This is based on house price inflation of 68.7%, between June 2011 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 68.7% inflationary increase is applied to the most recent sale price for 2 SHARMANS CLOSE of £960,000 on 17th June 2011. For the value to have increased from £960,000 to £1,619,676 over the fourteen years and four months to February 2025, the following assumptions must hold true:

• The value of 2 SHARMANS CLOSE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The June 2011 sale price of £960,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHARMANS CLOSE has not materially changed since June 2011.

How Large is 2 SHARMANS CLOSE?

2 SHARMANS CLOSE is 271m² according to the EPC inspection conducted in August 2010. This puts it in the largest 10% of detached houses houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welwyn Garden City, and where 2 SHARMANS CLOSE lies on this distribution: 96% of detached houses houses are smaller than 2 SHARMANS CLOSE, and 4% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

2 SHARMANS CLOSE: Plot and Title Map

2 SHARMANS CLOSE sits on a plot of roughly 0.303 of an acre, or 1,225m². The below map shows the location of 2 SHARMANS CLOSE, 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 SHARMANS CLOSE). 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 SHARMANS CLOSE?

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