48, THE RUNWAY, HATFIELD, AL10 9GL - £670,000

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 RUNWAY is a large extended detached house of 159m², built sometime between 2003 and 2006. It was last sold for £670,000 in November 2022, which was around 28% below the average November 2022 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

48 THE RUNWAY Sold Prices

Land registry data shows two sales for 48 THE RUNWAY 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 RUNWAY 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
2022 14 NOV	£670,000	£933,706	28% below HPI
2006 3 OCT	£459,950	£476,581	3% below HPI

48 THE RUNWAY 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 RUNWAY sales from October 2006 and November 2022 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 October 2006 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2022 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 48 THE RUNWAY?

48 THE RUNWAY is 159m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 30% of detached houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield, and where 48 THE RUNWAY lies on this distribution: 75% of detached houses are smaller than 48 THE RUNWAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Hatfield.

48 THE RUNWAY: Plot and Title Map

48 THE RUNWAY sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 48 THE RUNWAY, 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 RUNWAY). 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 RUNWAY?

48 THE RUNWAY is located in HATFIELD, in the AL10 postcode district. The below map shows the position of No. 48 on THE RUNWAY.