41, REDDINGS, WELWYN GARDEN CITY, AL8 7LA - £565,000

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

41 REDDINGS is a very large extended detached house of 225m², built sometime between 1950 and 1966, which could now be worth an estimated £1,108,276. It was last sold for £565,000 in April 2006, which was around 23% above the average April 2006 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was C.

41 REDDINGS Sold Prices

Land registry data shows two sales for 41 REDDINGS 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 41 REDDINGS sales were for above 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
2006 24 APR	£565,000	£461,029	23% above HPI
1997 14 AUG	£258,000	£208,267	24% above HPI

41 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 two 41 REDDINGS sales from August 1997 and April 2006 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 August 1997 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the April 2006 sale, where it falls to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 41 REDDINGS be worth now?

41 REDDINGS might now be worth an estimated £1,108,276.

This is based on house price inflation of 96.2%, between April 2006 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 96.2% inflationary increase is applied to the most recent sale price for 41 REDDINGS of £565,000 on 24th April 2006. For the value to have increased from £565,000 to £1,108,276 over the seventeen years and four months to December 2024, the following assumptions must hold true:

• The value of 41 REDDINGS has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The April 2006 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 41 REDDINGS has not materially changed since April 2006.

How Large is 41 REDDINGS?

41 REDDINGS is 225m², which includes two extensions, according to the EPC inspection conducted in June 2014. This puts it in the largest 10% 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 41 REDDINGS lies on this distribution: 93% of detached houses houses are smaller than 41 REDDINGS, and 7% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

41 REDDINGS: Plot and Title Map

41 REDDINGS sits on a plot of roughly 0.232 of an acre, or 940m². The below map shows the location of 41 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 41 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 41 REDDINGS?

41 REDDINGS is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 41 on REDDINGS.