40, REDDINGS, WELWYN GARDEN CITY, AL8 7LA - £685,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 REDDINGS is a very small extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £824,674. It was last sold for £685,000 in March 2016, which was around 9% below the average March 2016 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was A.

40 REDDINGS Sold Prices

Land registry data shows three sales for 40 REDDINGS since 1^st 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 40 REDDINGS 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 17 MAR	£685,000	£751,166	9% below HPI
2011 22 NOV	£450,000	£552,075	18% below HPI
2007 22 JUN	£413,500	£507,488	19% below HPI

40 REDDINGS 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 three 40 REDDINGS sales between June 2007 and March 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 November 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2016 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 40 REDDINGS be worth now?

40 REDDINGS might now be worth an estimated £824,674.

This is based on house price inflation of 20.4%, between March 2016 and December 2024, for detached houses, in the Welwyn Hatfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.4% inflationary increase is applied to the most recent sale price for 40 REDDINGS of £685,000 on 17th March 2016. For the value to have increased from £685,000 to £824,674 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 40 REDDINGS has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The March 2016 sale price of £685,000 represented a fair market value for the property.
• The size, condition, and specification of 40 REDDINGS has not materially changed since March 2016.

How Large is 40 REDDINGS?

40 REDDINGS is 94m², which includes one extension, according to the EPC inspection conducted in June 2016. This puts it in the smallest 20% of detached houses houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welwyn Garden City, and where 40 REDDINGS lies on this distribution: 17% of detached houses houses are smaller than 40 REDDINGS, and 82% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

40 REDDINGS: Plot and Title Map

40 REDDINGS sits on a plot of roughly 0.226 of an acre, or 916m². The below map shows the location of 40 REDDINGS, 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 40 REDDINGS). 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 40 REDDINGS?

40 REDDINGS is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 40 on REDDINGS.