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 RIVERSIDE is a very large detached house of 214m², built sometime between 1983 and 1990. It was last sold for £1,225,000 in October 2023, which was around 33% above the average October 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 3 RIVERSIDE since 1st 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 RIVERSIDE 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 |
---|---|---|---|
2023 25 OCT | £1,225,000 | £923,603 | 33% above HPI |
2006 27 NOV | £900,000 | £474,704 | 90% above HPI |
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 RIVERSIDE sales from November 2006 and October 2023 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 November 2006 sale was for 90% above the HPI. So the extrapolation line tracks at 90% above the HPI over time, until the October 2023 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.
3 RIVERSIDE is 214m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% 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 RIVERSIDE lies on this distribution: 87% of detached houses are smaller than 3 RIVERSIDE, and 12% of houses are larger. Note that EPC data is not available for all properties in Welwyn.
3 RIVERSIDE sits on a plot of roughly 0.226 of an acre, or 915m². The below map shows the location of 3 RIVERSIDE, 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 RIVERSIDE). 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.
3 RIVERSIDE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 3 on RIVERSIDE.