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

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

38 THE AVENUE is a large extended detached house of 204m², built sometime between 1900 and 1929. It was last sold for £540,000 in March 2003, which was around 31% 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	£411,968	31% above HPI
2002 3 APR	£460,000	£345,379	33% 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 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the March 2003 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

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 in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 38 THE AVENUE lies on this distribution: 75% of detached 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.