3, OLDWOOD, WELWYN, AL6 0QR - £1,210,000

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 OLDWOOD is a very large detached house of 231m², built sometime between 1976 and 1982. It was last sold for £1,210,000 in October 2022, which was around 29% above the average October 2022 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

3 OLDWOOD Sold Prices

Land registry data shows two sales for 3 OLDWOOD 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 OLDWOOD 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
2022 19 OCT	£1,210,000	£939,799	29% above HPI
1995 18 DEC	£220,000	£159,149	38% above HPI

3 OLDWOOD 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 OLDWOOD sales from December 1995 and October 2022 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 1995 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the October 2022 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 3 OLDWOOD?

3 OLDWOOD is 231m² according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 3 OLDWOOD lies on this distribution: 84% of detached houses are smaller than 3 OLDWOOD, and 16% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

3 OLDWOOD: Plot and Title Map

3 OLDWOOD sits on a plot of roughly 0.436 of an acre, or 1,763m². The below map shows the location of 3 OLDWOOD, 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 OLDWOOD). 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 OLDWOOD?

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