3, LARCH LANE, WELWYN, AL6 0UJ - £620,000

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.

3 LARCH LANE is a small extended detached house of 132m², built sometime from 2007 onwards, which could now be worth an estimated £653,473. It was last sold for £620,000 in September 2021, which was around 30% below the average September 2021 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was A.

3 LARCH LANE Sold Prices

Land registry data shows two sales for 3 LARCH LANE 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 LARCH LANE 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
2021 23 SEP	£620,000	£889,916	30% below HPI
2006 26 APR	£300,000	£461,029	35% below HPI

3 LARCH LANE 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 LARCH LANE sales from April 2006 and September 2021 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 2006 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the September 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 3 LARCH LANE be worth now?

3 LARCH LANE might now be worth an estimated £653,473.

This is based on house price inflation of 5.4%, between September 2021 and February 2025, for 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 5.4% inflationary increase is applied to the most recent sale price for 3 LARCH LANE of £620,000 on 23rd September 2021. For the value to have increased from £620,000 to £653,473 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 3 LARCH LANE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The September 2021 sale price of £620,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LARCH LANE has not materially changed since September 2021.

How Large is 3 LARCH LANE?

3 LARCH LANE is 132m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% 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 3 LARCH LANE lies on this distribution: 28% of detached houses houses are smaller than 3 LARCH LANE, and 71% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

3 LARCH LANE: Plot and Title Map

3 LARCH LANE sits on a plot of roughly 0.142 of an acre, or 576m². The below map shows the location of 3 LARCH 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 3 LARCH 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 3 LARCH LANE?

3 LARCH LANE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 3 on LARCH LANE.