3, CROSSWAY, WELWYN GARDEN CITY, AL8 7EB - £650,000

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

3 CROSSWAY is a midsized extended detached house of 125m², built sometime between 1950 and 1966. It was last sold for £650,000 in January 2020, which was around 20% below the average January 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was C.

3 CROSSWAY Sold Prices

Land registry data shows two sales for 3 CROSSWAY 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 3 CROSSWAY 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
2020 29 JAN	£650,000	£811,788	20% below HPI
2004 16 FEB	£360,000	£429,505	16% below HPI

3 CROSSWAY 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 3 CROSSWAY sales from February 2004 and January 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 February 2004 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the January 2020 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 3 CROSSWAY?

3 CROSSWAY is 125m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% 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 3 CROSSWAY lies on this distribution: 49% of detached houses are smaller than 3 CROSSWAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

3 CROSSWAY: Plot and Title Map

3 CROSSWAY sits on a plot of roughly 0.125 of an acre, or 507m². The below map shows the location of 3 CROSSWAY, 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 3 CROSSWAY). 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 3 CROSSWAY?

3 CROSSWAY is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 3 on CROSSWAY.