38, THE AVENUE, WELWYN, AL6 0PP - £540,000

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.

38 THE AVENUE is a large extended detached house of 204m², built sometime between 1900 and 1929, which could now be worth an estimated £1,188,393. It was last sold for £540,000 in March 2003, which was around 27% above the average March 2003 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was C.

38 THE AVENUE Sold Prices

Land registry data shows two sales for 38 THE AVENUE since 1^st 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 38 THE AVENUE 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
2003 12 MAR	£540,000	£426,205	27% above HPI
2002 3 APR	£460,000	£357,315	29% above HPI

38 THE AVENUE 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 two 38 THE AVENUE sales from April 2002 and March 2003 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 April 2002 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the March 2003 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 38 THE AVENUE be worth now?

38 THE AVENUE might now be worth an estimated £1,188,393.

This is based on house price inflation of 120.1%, between March 2003 and February 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 120.1% inflationary increase is applied to the most recent sale price for 38 THE AVENUE of £540,000 on 12th March 2003. For the value to have increased from £540,000 to £1,188,393 over the 22 years and one month to February 2025, the following assumptions must hold true:

• The value of 38 THE AVENUE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The March 2003 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 38 THE AVENUE has not materially changed since March 2003.

How Large is 38 THE AVENUE?

38 THE AVENUE is 204m², which includes two extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 30% of detached houses houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oaklands, and where 38 THE AVENUE lies on this distribution: 74% of detached houses houses are smaller than 38 THE AVENUE, and 25% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

38 THE AVENUE: Plot and Title Map

38 THE AVENUE sits on a plot of roughly 0.512 of an acre, or 2,072m². The below map shows the location of 38 THE AVENUE, 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 38 THE AVENUE). 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 38 THE AVENUE?

38 THE AVENUE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 38 on THE AVENUE.