31, SCHOOL LANE, WELWYN, AL6 9PQ - £865,000

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 SCHOOL LANE is a midsized extended detached house of 161m², built sometime before 1900. It was last sold for £865,000 in March 2021, which was around 5% above the average March 2021 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was April 2022, where the current energy rating was E, and the potential energy rating was C.

31 SCHOOL LANE Sold Prices

Land registry data shows three sales for 31 SCHOOL LANE 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 SCHOOL LANE 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
2021 11 MAR	£865,000	£824,860	5% above HPI
2002 19 SEP	£590,000	£400,226	47% above HPI
2001 31 AUG	£490,000	£333,580	47% above HPI

31 SCHOOL LANE 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 SCHOOL LANE sales between August 2001 and March 2021 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 September 2002 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2021 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 31 SCHOOL LANE?

31 SCHOOL LANE is 161m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the largest 50% of detached houses in Welwyn, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn, and where 31 SCHOOL LANE lies on this distribution: 58% of detached houses are smaller than 31 SCHOOL LANE, and 42% of houses are larger. Note that EPC data is not available for all properties in Welwyn.

31 SCHOOL LANE: Plot and Title Map

31 SCHOOL LANE sits on a plot of roughly 0.312 of an acre, or 1,261m². The below map shows the location of 31 SCHOOL LANE, 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 SCHOOL LANE). 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 SCHOOL LANE?

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