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

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

37 NEWFIELDS is a very small detached house of 68m², built sometime between 1930 and 1949. It was last sold for £500,000 in November 2022, which was around 46% 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	£933,706	46% below HPI
2016 10 OCT	£395,000	£788,930	50% below HPI
2004 30 JUL	£190,000	£432,118	56% below HPI
2002 29 JUL	£146,000	£376,161	61% 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 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the November 2022 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

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 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 37 NEWFIELDS lies on this distribution: 2% of detached 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.