4, LOWER MARDLEY HILL, WELWYN, AL6 0SQ - £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

4 LOWER MARDLEY HILL is a small extended detached house of 145m², built sometime between 1976 and 1982. It was last sold for £540,000 in June 2016, which was around 30% below the average June 2016 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

4 LOWER MARDLEY HILL Sold Prices

Land registry data shows two sales for 4 LOWER MARDLEY HILL 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 LOWER MARDLEY HILL 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 2 JUN	£540,000	£772,150	30% below HPI
2007 4 JAN	£425,000	£459,561	8% below HPI

4 LOWER MARDLEY HILL 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 LOWER MARDLEY HILL sales from January 2007 and June 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 2007 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the June 2016 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 4 LOWER MARDLEY HILL?

4 LOWER MARDLEY HILL is 145m², which includes two extensions, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% 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 LOWER MARDLEY HILL lies on this distribution: 38% of detached houses are smaller than 4 LOWER MARDLEY HILL, and 62% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

4 LOWER MARDLEY HILL: Plot and Title Map

4 LOWER MARDLEY HILL sits on a plot of roughly 0.116 of an acre, or 468m². The below map shows the location of 4 LOWER MARDLEY HILL, 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 LOWER MARDLEY HILL). 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 LOWER MARDLEY HILL?

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