31, MONKSWOOD, WELWYN GARDEN CITY, AL8 7EF - £355,000

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

31 MONKSWOOD is a small semi-detached house of 100m², built sometime between 1950 and 1966. It was last sold for £355,000 in May 2014, which was around 40% below the average May 2014 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was F, and the potential energy rating was D.

31 MONKSWOOD Sold Prices

Land registry data shows three sales for 31 MONKSWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three 31 MONKSWOOD 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
2014 23 MAY	£355,000	£588,690	40% below HPI
2009 27 FEB	£275,000	£458,002	40% below HPI
2000 24 MAR	£143,000	£282,487	49% below HPI

31 MONKSWOOD 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 three 31 MONKSWOOD sales between March 2000 and May 2014 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 February 2009 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2014 sale, which was also at 40% below the HPI.

How Large is 31 MONKSWOOD?

31 MONKSWOOD is 100m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 30% of detached houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn Garden City, and where 31 MONKSWOOD lies on this distribution: 24% of detached houses are smaller than 31 MONKSWOOD, and 75% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

31 MONKSWOOD: Plot and Title Map

31 MONKSWOOD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 31 MONKSWOOD, 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 31 MONKSWOOD). 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 31 MONKSWOOD?

31 MONKSWOOD is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 31 on MONKSWOOD.