27, REDDINGS, WELWYN GARDEN CITY, AL8 7LA - £1,000,000

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

27 REDDINGS is a large extended detached house of 161m², built sometime between 1950 and 1966. It was last sold for £1,000,000 in March 2023, which was around 8% above the average March 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

27 REDDINGS Sold Prices

Land registry data shows two sales for 27 REDDINGS 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. Both of the two 27 REDDINGS 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
2023 27 MAR	£1,000,000	£922,380	8% above HPI
1995 18 APR	£202,750	£161,266	26% above HPI

27 REDDINGS 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 27 REDDINGS sales from April 1995 and March 2023 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 April 1995 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the March 2023 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 27 REDDINGS?

27 REDDINGS is 161m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 30% of detached houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn Garden City, and where 27 REDDINGS lies on this distribution: 78% of detached houses are smaller than 27 REDDINGS, and 22% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

27 REDDINGS: Plot and Title Map

27 REDDINGS sits on a plot of roughly 0.204 of an acre, or 824m². The below map shows the location of 27 REDDINGS, 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 27 REDDINGS). 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 27 REDDINGS?

27 REDDINGS is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 27 on REDDINGS.