5, LARCH LANE, WELWYN, AL6 0UJ - £622,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 LARCH LANE is a very small extended detached house of 119m², built sometime between 1930 and 1949, which could now be worth an estimated £651,474. It was last sold for £622,500 in December 2020, which was around 31% below the average December 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

5 LARCH LANE Sold Prices

Land registry data shows two sales for 5 LARCH LANE 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 LARCH LANE 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 4 DEC	£622,500	£896,246	31% below HPI
2015 4 AUG	£450,000	£709,339	37% below HPI

5 LARCH LANE 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 LARCH LANE sales from August 2015 and December 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 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the December 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 5 LARCH LANE be worth now?

5 LARCH LANE might now be worth an estimated £651,474.

This is based on house price inflation of 4.7%, between December 2020 and February 2025, 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 4.7% inflationary increase is applied to the most recent sale price for 5 LARCH LANE of £622,500 on 4th December 2020. For the value to have increased from £622,500 to £651,474 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 5 LARCH LANE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The December 2020 sale price of £622,500 represented a fair market value for the property.
• The size, condition, and specification of 5 LARCH LANE has not materially changed since December 2020.

How Large is 5 LARCH LANE?

5 LARCH LANE is 119m², which includes two extensions, according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oaklands, and where 5 LARCH LANE lies on this distribution: 19% of detached houses houses are smaller than 5 LARCH LANE, and 81% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

5 LARCH LANE: Plot and Title Map

5 LARCH LANE sits on a plot of roughly 0.234 of an acre, or 945m². The below map shows the location of 5 LARCH LANE, 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 LARCH LANE). 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 LARCH LANE?

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