38A, GREAT NORTH ROAD, WELWYN, AL6 0PX - £577,500

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

38A GREAT NORTH ROAD is a very small detached house of 106m², built sometime between 1983 and 1990. It was last sold for £577,500 in February 2016, which was around 20% below the average February 2016 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

38A GREAT NORTH ROAD Sold Prices

Land registry data shows two sales for 38A GREAT NORTH ROAD 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 38A GREAT NORTH ROAD 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
2016 26 FEB	£577,500	£717,877	20% below HPI
2014 3 JAN	£367,000	£566,426	35% below HPI

38A GREAT NORTH ROAD 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 38A GREAT NORTH ROAD sales from January 2014 and February 2016 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 January 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2016 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 38A GREAT NORTH ROAD?

38A GREAT NORTH ROAD is 106m² according to the EPC inspection conducted in June 2013. This puts it in the smallest 20% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 38A GREAT NORTH ROAD lies on this distribution: 12% of detached houses are smaller than 38A GREAT NORTH ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

38A GREAT NORTH ROAD: Plot and Title Map

38A GREAT NORTH ROAD sits on a plot of roughly 0.258 of an acre, or 1,042m². The below map shows the location of 38A GREAT NORTH ROAD, 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 38A GREAT NORTH ROAD). 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 38A GREAT NORTH ROAD?

38A GREAT NORTH ROAD is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 38A on GREAT NORTH ROAD.