3, PINE CREST, WELWYN, AL6 0EQ - £975,000

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 PINE CREST is a large detached house of 196m², built sometime between 1983 and 1990. It was last sold for £975,000 in October 2022, which was around 4% above the average October 2022 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

3 PINE CREST Sold Prices

Land registry data shows two sales for 3 PINE CREST 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 PINE CREST 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 7 OCT	£975,000	£939,799	4% above HPI
2017 5 JUL	£865,000	£782,159	11% above HPI

3 PINE CREST 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 PINE CREST sales from July 2017 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 July 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the October 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 3 PINE CREST?

3 PINE CREST is 196m² according to the EPC inspection conducted in September 2013. This puts it in the largest 30% 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 PINE CREST lies on this distribution: 70% of detached houses are smaller than 3 PINE CREST, and 28% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

3 PINE CREST: Plot and Title Map

3 PINE CREST sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 3 PINE CREST, 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 PINE CREST). 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 PINE CREST?

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