34, SCHOOL LANE, WELWYN, AL6 9PH - £705,000

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

34 SCHOOL LANE is a midsized detached house of 160m², built sometime between 2003 and 2006. It was last sold for £705,000 in July 2018, which was around 12% below the average July 2018 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was C.

34 SCHOOL LANE Sold Prices

Land registry data shows three sales for 34 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. Two of the three 34 SCHOOL LANE sales were for below the average price, whilst one was 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
2018 27 JUL	£705,000	£805,435	12% below HPI
2006 3 FEB	£500,000	£438,110	14% above HPI
2003 26 NOV	£415,000	£437,216	5% below HPI

34 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 34 SCHOOL LANE sales between November 2003 and July 2018 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 2006 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 34 SCHOOL LANE?

34 SCHOOL LANE is 160m² according to the EPC inspection conducted in August 2013. 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 34 SCHOOL LANE lies on this distribution: 56% of detached houses are smaller than 34 SCHOOL LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Welwyn.

34 SCHOOL LANE: Plot and Title Map

34 SCHOOL LANE sits on a plot of roughly 0.132 of an acre, or 536m². The below map shows the location of 34 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 34 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 34 SCHOOL LANE?

34 SCHOOL LANE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 34 on SCHOOL LANE.