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
2 SMALLCROFT is a midsized extended detached house of 124m², built sometime between 1967 and 1975. It was last sold for £540,000 in June 2022, which was around 42% below the average June 2022 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2021, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 2 SMALLCROFT since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three 2 SMALLCROFT sales were 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 |
---|---|---|---|
2022 17 JUN | £540,000 | £933,865 | 42% below HPI |
2015 19 FEB | £390,000 | £639,657 | 39% below HPI |
2011 27 JUN | £270,000 | £537,369 | 50% below HPI |
The below graph shows the average detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The three 2 SMALLCROFT sales between June 2011 and June 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 February 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2022 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.
2 SMALLCROFT is 124m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 50% 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 SMALLCROFT lies on this distribution: 48% of detached houses are smaller than 2 SMALLCROFT, and 51% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.
2 SMALLCROFT sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 2 SMALLCROFT, 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 SMALLCROFT). 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.
2 SMALLCROFT is located in WELWYN GARDEN CITY, in the AL7 postcode district. The below map shows the position of No. 2 on SMALLCROFT.