48, THE MEADWAY, CUFFLEY, POTTERS BAR, EN6 4ES - £640,000

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

48 THE MEADWAY is a small extended detached house of 119m², built sometime between 1930 and 1949. It was last sold for £640,000 in September 2020, which was around 24% below the average September 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was C.

48 THE MEADWAY Sold Prices

Land registry data shows two sales for 48 THE MEADWAY 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 48 THE MEADWAY 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
2020 1 SEP	£640,000	£841,745	24% below HPI
1999 9 AUG	£215,000	£243,887	12% below HPI

48 THE MEADWAY 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 48 THE MEADWAY sales from August 1999 and September 2020 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 1999 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2020 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 48 THE MEADWAY?

48 THE MEADWAY is 119m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 30% of detached houses in Cuffley, based on EPC data. The below chart shows the distribution of detached houses by size in Cuffley, and where 48 THE MEADWAY lies on this distribution: 28% of detached houses are smaller than 48 THE MEADWAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Cuffley.

48 THE MEADWAY: Plot and Title Map

48 THE MEADWAY sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 48 THE MEADWAY, 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 48 THE MEADWAY). 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 48 THE MEADWAY?

48 THE MEADWAY is located in CUFFLEY, in the EN6 postcode district. The below map shows the position of No. 48 on THE MEADWAY.