245, HERONSWOOD ROAD, WELWYN GARDEN CITY, AL7 3JH - £395,000

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.

245 HERONSWOOD ROAD is a very small terraced house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £382,316. It was last sold for £395,000 in July 2022, which was around 3% below the average July 2022 terraced price in the Welwyn Hatfield local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was B.

245 HERONSWOOD ROAD Sold Prices

Land registry data shows four sales for 245 HERONSWOOD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Welwyn Hatfield local authority area for the corresponding sale date. two of the four 245 HERONSWOOD ROAD sales were for below the average price, and four 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
2022 12 JUL	£395,000	£405,400	3% below HPI
2017 10 AUG	£355,000	£337,515	5% above HPI
2008 31 OCT	£228,000	£205,011	11% above HPI
2006 25 AUG	£185,000	£203,093	9% below HPI

245 HERONSWOOD ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The four 245 HERONSWOOD ROAD sales between August 2006 and July 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 August 2017 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 245 HERONSWOOD ROAD be worth now?

245 HERONSWOOD ROAD might now be worth an estimated £382,316.

This is based on house price deflation of 3.2%, between July 2022 and July 2025, for terraced 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 3.2% deflationary decrease is applied to the most recent sale price for 245 HERONSWOOD ROAD of £395,000 on 12th July 2022. For the value to have decreased from £395,000 to £382,316 over the three years to July 2025, the following assumptions must hold true:

• The value of 245 HERONSWOOD ROAD has moved in line with the HPI for terraced houses in the Welwyn Hatfield local authority area.
• The July 2022 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 245 HERONSWOOD ROAD has not materially changed since July 2022.

How Large is 245 HERONSWOOD ROAD?

245 HERONSWOOD ROAD is 91m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 20% of terraced houses houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Welwyn Garden City, and where 245 HERONSWOOD ROAD lies on this distribution: 14% of terraced houses houses are smaller than 245 HERONSWOOD ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

245 HERONSWOOD ROAD: Plot and Title Map

245 HERONSWOOD ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 245 HERONSWOOD ROAD, 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 245 HERONSWOOD ROAD). 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 245 HERONSWOOD ROAD?

245 HERONSWOOD ROAD is located in WELWYN GARDEN CITY, in the AL7 postcode district. The below map shows the position of No. 245 on HERONSWOOD ROAD.