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 RICHARDS STREET is a very small detached house of 107m², built sometime between 2003 and 2006. It was last sold for £273,000 in November 2011, which was around 49% below the average November 2011 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 4 RICHARDS STREET since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three 4 RICHARDS STREET 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 |
---|---|---|---|
2011 30 NOV | £273,000 | £533,633 | 49% below HPI |
2006 6 JUN | £314,950 | £449,594 | 30% below HPI |
2004 31 MAR | £275,000 | £440,223 | 38% 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 three 4 RICHARDS STREET sales between March 2004 and November 2011 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 June 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2011 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.
4 RICHARDS STREET is 107m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% of detached houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield, and where 4 RICHARDS STREET lies on this distribution: 19% of detached houses are smaller than 4 RICHARDS STREET, and 80% of houses are larger. Note that EPC data is not available for all properties in Hatfield.
4 RICHARDS STREET sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 4 RICHARDS STREET, 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 RICHARDS STREET). 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 RICHARDS STREET is located in HATFIELD, in the AL10 postcode district. The below map shows the position of No. 4 on RICHARDS STREET.