31, NEW ROAD, WELWYN, AL6 0AQ - £860,000

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 NEW ROAD is a very large extended detached house of 279m², built sometime between 1983 and 1990. It was last sold for £860,000 in October 2012, which was around 58% above the average October 2012 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

31 NEW ROAD Sold Prices

Land registry data shows three sales for 31 NEW ROAD 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 NEW ROAD 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
2012 31 OCT	£860,000	£545,650	58% above HPI
2004 26 FEB	£720,000	£429,505	68% above HPI
1997 31 JUL	£340,000	£195,970	73% above HPI

31 NEW ROAD 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 NEW ROAD sales between July 1997 and October 2012 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 2004 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the October 2012 sale, where it falls to 58% above the HPI. The line then continues to track at 58% above the HPI.

How Large is 31 NEW ROAD?

31 NEW ROAD is 279m², which includes two extensions, according to the EPC inspection conducted in June 2012. This puts it in the largest 10% 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 NEW ROAD lies on this distribution: 97% of detached houses are smaller than 31 NEW ROAD, and 3% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

31 NEW ROAD: Plot and Title Map

31 NEW ROAD sits on a plot of roughly 0.349 of an acre, or 1,414m². The below map shows the location of 31 NEW ROAD, 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 NEW ROAD). 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 NEW ROAD?

31 NEW ROAD is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 31 on NEW ROAD.