5, DICKET MEAD, WELWYN, AL6 9NX - £575,000

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

5 DICKET MEAD is a very small detached house of 100m², built sometime between 1950 and 1966. It was last sold for £575,000 in October 2024, which was around 37% below the average October 2024 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

5 DICKET MEAD Sold Prices

Land registry data shows two sales for 5 DICKET MEAD 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 5 DICKET MEAD 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
2024 11 OCT	£575,000	£919,912	37% below HPI
2021 26 NOV	£490,000	£930,793	47% below HPI

5 DICKET MEAD 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 5 DICKET MEAD sales from November 2021 and October 2024 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 November 2021 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the October 2024 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 5 DICKET MEAD be worth now?

5 DICKET MEAD might now be worth an estimated £565,262.

This is based on house price deflation of 1.7%, between October 2024 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 1.7% deflationary decrease is applied to the most recent sale price for 5 DICKET MEAD of £575,000 on 11th October 2024. For the value to have decreased from £575,000 to £565,262 over the ten months to December 2024, the following assumptions must hold true:

• The value of 5 DICKET MEAD has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The October 2024 sale price of £575,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DICKET MEAD has not materially changed since October 2024.

How Large is 5 DICKET MEAD?

5 DICKET MEAD is 100m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses houses in Welwyn, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welwyn, and where 5 DICKET MEAD lies on this distribution: 10% of detached houses houses are smaller than 5 DICKET MEAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Welwyn.

5 DICKET MEAD: Plot and Title Map

5 DICKET MEAD sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 5 DICKET MEAD, 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 5 DICKET MEAD). 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 5 DICKET MEAD?

5 DICKET MEAD is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 5 on DICKET MEAD.