2, WOODLAND WAY, WELWYN, AL6 0RZ - £607,000

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 WOODLAND WAY is a small extended detached house of 140m², built sometime between 1930 and 1949. It was last sold for £607,000 in August 2019, which was around 25% below the average August 2019 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was C.

2 WOODLAND WAY Sold Prices

Land registry data shows three sales for 2 WOODLAND WAY since 1^st 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 WOODLAND WAY 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
2019 9 AUG	£607,000	£810,238	25% below HPI
2000 19 DEC	£266,500	£307,914	13% below HPI
1998 10 DEC	£187,500	£222,304	16% below HPI

2 WOODLAND WAY 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 three 2 WOODLAND WAY sales between December 1998 and August 2019 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 December 2000 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 WOODLAND WAY?

2 WOODLAND WAY is 140m², which includes three extensions, according to the EPC inspection conducted in December 2018. This puts it in the smallest 40% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 2 WOODLAND WAY lies on this distribution: 33% of detached houses are smaller than 2 WOODLAND WAY, and 66% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

2 WOODLAND WAY: Plot and Title Map

2 WOODLAND WAY sits on a plot of roughly 0.154 of an acre, or 622m². The below map shows the location of 2 WOODLAND WAY, 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 WOODLAND WAY). 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 WOODLAND WAY?

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