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 THE PADDOCKS is a very small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £420,000 in December 2016, which was around 47% below the average December 2016 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 31 THE PADDOCKS 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 31 THE PADDOCKS 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 |
---|---|---|---|
2016 20 DEC | £420,000 | £796,124 | 47% below HPI |
1998 24 SEP | £120,000 | £226,908 | 47% below 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 31 THE PADDOCKS sales from September 1998 and December 2016 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 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the December 2016 sale, which was also at 47% below the HPI.
31 THE PADDOCKS is 81m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 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 THE PADDOCKS lies on this distribution: 7% of detached houses are smaller than 31 THE PADDOCKS, and 92% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.
31 THE PADDOCKS sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 31 THE PADDOCKS, 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 THE PADDOCKS). 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.
31 THE PADDOCKS is located in WELWYN GARDEN CITY, in the AL7 postcode district. The below map shows the position of No. 31 on THE PADDOCKS.