2A, DANESBURY LANE, WELWYN, AL6 9SG - £1,200,000

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.

2A DANESBURY LANE is a very large detached house of 238m², built sometime between 2003 and 2006, which could now be worth an estimated £1,368,506. It was last sold for £1,200,000 in February 2020, which was around 76% above the average February 2020 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.

2A DANESBURY LANE Sold Prices

Land registry data shows three sales for 2A DANESBURY LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Hertfordshire local authority area for the corresponding sale date. All of the three 2A DANESBURY LANE 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
2020 5 FEB	£1,200,000	£680,593	76% above HPI
2015 1 DEC	£1,010,000	£602,111	68% above HPI
2011 7 OCT	£850,000	£435,768	95% above HPI

2A DANESBURY LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Hertfordshire local authority area over time, sourced from the HPI. The three 2A DANESBURY LANE sales between October 2011 and February 2020 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 December 2015 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the February 2020 sale, where it rises to 76% above the HPI. The line then continues to track at 76% above the HPI.

What might 2A DANESBURY LANE be worth now?

2A DANESBURY LANE might now be worth an estimated £1,368,506.

This is based on house price inflation of 14%, between February 2020 and February 2025, for detached houses, in the North Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14% inflationary increase is applied to the most recent sale price for 2A DANESBURY LANE of £1,200,000 on 5th February 2020. For the value to have increased from £1,200,000 to £1,368,506 over the five years to February 2025, the following assumptions must hold true:

• The value of 2A DANESBURY LANE has moved in line with the HPI for detached houses in the North Hertfordshire local authority area.
• The February 2020 sale price of £1,200,000 represented a fair market value for the property.
• The size, condition, and specification of 2A DANESBURY LANE has not materially changed since February 2020.

How Large is 2A DANESBURY LANE?

2A DANESBURY LANE is 238m² according to the EPC inspection conducted in September 2019. This puts it in the largest 20% of detached houses houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oaklands, and where 2A DANESBURY LANE lies on this distribution: 86% of detached houses houses are smaller than 2A DANESBURY LANE, and 14% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

2A DANESBURY LANE: Plot and Title Map

2A DANESBURY LANE sits on a plot of roughly 0.352 of an acre, or 1,425m². The below map shows the location of 2A DANESBURY LANE, 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 2A DANESBURY LANE). 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 2A DANESBURY LANE?

2A DANESBURY LANE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 2A on DANESBURY LANE.