2, THE BEECHES, WELWYN, AL6 9LE - £517,500

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 THE BEECHES is a very small detached house of 99m², built sometime between 1976 and 1982. It was last sold for £517,500 in May 2021, which was around 39% below the average May 2021 detached price in the Welwyn Hatfield 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 THE BEECHES Sold Prices

Land registry data shows two sales for 2 THE BEECHES 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 THE BEECHES 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
2021 25 MAY	£517,500	£841,607	39% below HPI
2012 5 JAN	£310,000	£521,487	41% below HPI

2 THE BEECHES 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 THE BEECHES sales from January 2012 and May 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 January 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2021 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 2 THE BEECHES?

2 THE BEECHES is 99m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 10% of detached houses in Welwyn, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn, and where 2 THE BEECHES lies on this distribution: 10% of detached houses are smaller than 2 THE BEECHES, and 90% of houses are larger. Note that EPC data is not available for all properties in Welwyn.

2 THE BEECHES: Plot and Title Map

2 THE BEECHES sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 2 THE BEECHES, 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 THE BEECHES). 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 THE BEECHES?

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