46, GRESLEY CLOSE, WELWYN GARDEN CITY, AL8 7QB - £542,500

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

46 GRESLEY CLOSE is a very small detached house of 95m², built sometime between 1996 and 2002. It was last sold for £542,500 in September 2014, which was around 13% below the average September 2014 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was C.

46 GRESLEY CLOSE Sold Prices

Land registry data shows four sales for 46 GRESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the four 46 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
2014 17 SEP	£542,500	£623,519	13% below HPI
2005 21 JAN	£340,000	£455,048	25% below HPI
2002 28 OCT	£280,300	£409,617	32% below HPI
1996 2 APR	£133,500	£162,077	18% below HPI

46 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 four 46 GRESLEY CLOSE sales between April 1996 and September 2014 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 2005 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2014 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 46 GRESLEY CLOSE?

46 GRESLEY CLOSE is 95m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% 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 46 GRESLEY CLOSE lies on this distribution: 19% of detached houses are smaller than 46 GRESLEY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

46 GRESLEY CLOSE: Plot and Title Map

46 GRESLEY CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 46 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 46 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 46 GRESLEY CLOSE?

46 GRESLEY CLOSE is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 46 on GRESLEY CLOSE.