24A, PROSPECT PLACE, WELWYN, AL6 9EN - £715,000

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

24A PROSPECT PLACE is a very small semi-detached house of 115m². It was last sold for £715,000 in August 2017, which was around 8% below the average August 2017 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was A.

24A PROSPECT PLACE Sold Prices

Land registry data shows three sales for 24A PROSPECT PLACE 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 24A PROSPECT PLACE 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
2017 29 AUG	£715,000	£781,014	8% below HPI
2013 28 MAY	£467,000	£533,921	13% below HPI
2009 25 SEP	£430,000	£467,255	8% below HPI

24A PROSPECT PLACE 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 24A PROSPECT PLACE sales between September 2009 and August 2017 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 May 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 24A PROSPECT PLACE?

24A PROSPECT PLACE is 115m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 20% of detached houses in Welwyn, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn, and where 24A PROSPECT PLACE lies on this distribution: 20% of detached houses are smaller than 24A PROSPECT PLACE, and 80% of houses are larger. Note that EPC data is not available for all properties in Welwyn.

24A PROSPECT PLACE: Plot and Title Map

24A PROSPECT PLACE sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 24A PROSPECT PLACE, 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 24A PROSPECT PLACE). 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 24A PROSPECT PLACE?

24A PROSPECT PLACE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 24A on PROSPECT PLACE.