24, THE RUNWAY, HATFIELD, AL10 9GL - £440,000

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.

24 THE RUNWAY is a small detached house of 114m², built sometime between 2003 and 2006, which could now be worth an estimated £748,179. It was last sold for £440,000 in July 2010, which was around 20% below the average July 2010 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was July 2009, where the current energy rating was C, and the potential energy rating was C.

24 THE RUNWAY Sold Prices

Land registry data shows two sales for 24 THE RUNWAY 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. One of the two 24 THE RUNWAY sales was for below the average price, whilst the other was 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
2010 15 JUL	£440,000	£551,610	20% below HPI
2006 30 JUN	£489,950	£465,132	5% above HPI

24 THE RUNWAY 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 24 THE RUNWAY sales from June 2006 and July 2010 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 June 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2010 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 24 THE RUNWAY be worth now?

24 THE RUNWAY might now be worth an estimated £748,179.

This is based on house price inflation of 70%, between July 2010 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 70% inflationary increase is applied to the most recent sale price for 24 THE RUNWAY of £440,000 on 15th July 2010. For the value to have increased from £440,000 to £748,179 over the fifteen years and five months to February 2025, the following assumptions must hold true:

• The value of 24 THE RUNWAY has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The July 2010 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THE RUNWAY has not materially changed since July 2010.

How Large is 24 THE RUNWAY?

24 THE RUNWAY is 114m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 30% of detached houses houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield, and where 24 THE RUNWAY lies on this distribution: 29% of detached houses houses are smaller than 24 THE RUNWAY, and 71% of houses are larger. Note that EPC data is not available for all properties in Hatfield.

24 THE RUNWAY: Plot and Title Map

24 THE RUNWAY sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 24 THE RUNWAY, 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 24 THE RUNWAY). 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 24 THE RUNWAY?

24 THE RUNWAY is located in HATFIELD, in the AL10 postcode district. The below map shows the position of No. 24 on THE RUNWAY.