3, OAKHILL DRIVE, WELWYN, AL6 9NW - £741,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 OAKHILL DRIVE is a large extended detached house of 174m², built sometime between 1950 and 1966. It was last sold for £741,000 in August 2017, which was around 21% above the average August 2017 detached price in the North Hertfordshire local authority area. The most recent EPC inspection was April 2009, where the current energy rating was E, and the potential energy rating was D.

3 OAKHILL DRIVE Sold Prices

Land registry data shows three sales for 3 OAKHILL DRIVE 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 3 OAKHILL DRIVE 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 17 AUG	£741,000	£609,999	21% above HPI
2009 11 DEC	£540,000	£367,128	47% above HPI
2001 1 JUN	£380,000	£225,329	69% above HPI

3 OAKHILL DRIVE 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 3 OAKHILL DRIVE sales between June 2001 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 December 2009 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2017 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 3 OAKHILL DRIVE?

3 OAKHILL DRIVE is 174m², which includes two extensions, according to the EPC inspection conducted in April 2009. This puts it in the largest 40% of detached houses in Welwyn, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn, and where 3 OAKHILL DRIVE lies on this distribution: 68% of detached houses are smaller than 3 OAKHILL DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Welwyn.

3 OAKHILL DRIVE: Plot and Title Map

3 OAKHILL DRIVE sits on a plot of roughly 0.167 of an acre, or 675m². The below map shows the location of 3 OAKHILL DRIVE, 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 OAKHILL DRIVE). 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 OAKHILL DRIVE?

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