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

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.

24A PROSPECT PLACE is a small semi-detached house of 115m², which could now be worth an estimated £854,085. It was last sold for £715,000 in August 2017, which was around 63% above the average August 2017 semi-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 semi-detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three 24A PROSPECT PLACE sales 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
2017 29 AUG	£715,000	£438,988	63% above HPI
2013 28 MAY	£467,000	£292,160	60% above HPI
2009 25 SEP	£430,000	£257,756	67% above HPI

24A PROSPECT PLACE Price Paid vs. HPI Average

The below graph shows the average semi-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 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2017 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

What might 24A PROSPECT PLACE be worth now?

24A PROSPECT PLACE might now be worth an estimated £854,085.

This is based on house price inflation of 19.5%, between August 2017 and February 2025, for semi-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 19.5% inflationary increase is applied to the most recent sale price for 24A PROSPECT PLACE of £715,000 on 29th August 2017. For the value to have increased from £715,000 to £854,085 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 24A PROSPECT PLACE has moved in line with the HPI for semi-detached houses in the Welwyn Hatfield local authority area.
• The August 2017 sale price of £715,000 represented a fair market value for the property.
• The size, condition, and specification of 24A PROSPECT PLACE has not materially changed since August 2017.

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 30% of semi-detached houses houses in Welwyn, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Welwyn, and where 24A PROSPECT PLACE lies on this distribution: 21% of semi-detached houses houses are smaller than 24A PROSPECT PLACE, and 79% 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.