37, NEWFIELDS, WELWYN GARDEN CITY, AL8 6YS - £500,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

37 NEWFIELDS is a very small detached house of 68m², built sometime between 1930 and 1949, which could now be worth an estimated £481,876. It was last sold for £500,000 in November 2022, which was around 48% below the average November 2022 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2016, where the current energy rating was D, and the potential energy rating was B.

37 NEWFIELDS Sold Prices

Land registry data shows four sales for 37 NEWFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the four 37 NEWFIELDS 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
2022 18 NOV	£500,000	£965,973	48% below HPI
2016 10 OCT	£395,000	£816,194	52% below HPI
2004 30 JUL	£190,000	£447,051	57% below HPI
2002 29 JUL	£146,000	£389,161	62% below HPI

37 NEWFIELDS 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 four 37 NEWFIELDS sales between July 2002 and November 2022 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 October 2016 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2022 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 37 NEWFIELDS be worth now?

37 NEWFIELDS might now be worth an estimated £481,876.

This is based on house price deflation of 3.6%, between November 2022 and March 2025, for detached houses, in the Welwyn Hatfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.6% deflationary decrease is applied to the most recent sale price for 37 NEWFIELDS of £500,000 on 18th November 2022. For the value to have decreased from £500,000 to £481,876 over the three years and eight months to March 2025, the following assumptions must hold true:

• The value of 37 NEWFIELDS has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The November 2022 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 37 NEWFIELDS has not materially changed since November 2022.

How Large is 37 NEWFIELDS?

37 NEWFIELDS is 68m² according to the EPC inspection conducted in June 2016. This puts it in the smallest 10% of detached houses houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welwyn Garden City, and where 37 NEWFIELDS lies on this distribution: 2% of detached houses houses are smaller than 37 NEWFIELDS, and 98% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

37 NEWFIELDS: Plot and Title Map

37 NEWFIELDS sits on a plot of roughly 0.043 of an acre, or 173m². The below map shows the location of 37 NEWFIELDS, 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 37 NEWFIELDS). 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 37 NEWFIELDS?

37 NEWFIELDS is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 37 on NEWFIELDS.