4, FIRWAY, WELWYN, AL6 0RD - £585,000

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

4 FIRWAY is a very small detached house of 93m², built sometime between 1976 and 1982. It was last sold for £585,000 in December 2016, which was around 27% below the average December 2016 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

4 FIRWAY Sold Prices

Land registry data shows two sales for 4 FIRWAY 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 4 FIRWAY 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 16 DEC	£585,000	£796,124	27% below HPI
2004 12 FEB	£330,000	£429,505	23% below HPI

4 FIRWAY 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 4 FIRWAY sales from February 2004 and December 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 February 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2016 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 4 FIRWAY?

4 FIRWAY is 93m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 4 FIRWAY lies on this distribution: 7% of detached houses are smaller than 4 FIRWAY, and 92% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

4 FIRWAY: Plot and Title Map

4 FIRWAY sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 4 FIRWAY, 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 4 FIRWAY). 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 4 FIRWAY?

4 FIRWAY is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 4 on FIRWAY.