42, GRESLEY CLOSE, WELWYN GARDEN CITY, AL8 7QB - £360,000

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

42 GRESLEY CLOSE is a small extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £360,000 in August 2005, which was around 18% below the average August 2005 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was B.

42 GRESLEY CLOSE Sold Prices

Land registry data shows two sales for 42 GRESLEY CLOSE 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 42 GRESLEY CLOSE 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
2005 25 AUG	£360,000	£441,408	18% below HPI
1996 21 JUN	£133,000	£166,292	20% below HPI

42 GRESLEY CLOSE 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 42 GRESLEY CLOSE sales from June 1996 and August 2005 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 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2005 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 42 GRESLEY CLOSE?

42 GRESLEY CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in April 2019. This puts it in the smallest 30% of detached houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn Garden City, and where 42 GRESLEY CLOSE lies on this distribution: 29% of detached houses are smaller than 42 GRESLEY CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

42 GRESLEY CLOSE: Plot and Title Map

42 GRESLEY CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 42 GRESLEY CLOSE, 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 42 GRESLEY CLOSE). 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 42 GRESLEY CLOSE?

42 GRESLEY CLOSE is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 42 on GRESLEY CLOSE.