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 LONDON ROAD is a large extended detached house of 166m², built sometime before 1900. It was last sold for £845,750 in November 2023, which was around 7% below the average November 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was October 2023, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 4 LONDON ROAD since 1st 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 LONDON 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 |
---|---|---|---|
2023 17 NOV | £845,750 | £905,267 | 7% below HPI |
2019 16 SEP | £430,000 | £824,105 | 48% below HPI |
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 LONDON ROAD sales from September 2019 and November 2023 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 September 2019 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the November 2023 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
4 LONDON ROAD is 166m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 40% of detached houses in Welwyn, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn, and where 4 LONDON ROAD lies on this distribution: 64% of detached houses are smaller than 4 LONDON ROAD, and 35% of houses are larger. Note that EPC data is not available for all properties in Welwyn.
4 LONDON ROAD sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 4 LONDON 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 4 LONDON 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.
4 LONDON ROAD is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 4 on LONDON ROAD.