5, ROUNDABOUT LANE, WELWYN, AL6 0TH - £687,000

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

5 ROUNDABOUT LANE is a small extended detached house of 140m², built sometime between 1900 and 1929. It was last sold for £687,000 in June 2013, which was around 28% above the average June 2013 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2012, where the current energy rating was E, and the potential energy rating was E.

5 ROUNDABOUT LANE Sold Prices

Land registry data shows four sales for 5 ROUNDABOUT LANE 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. Most of the four 5 ROUNDABOUT LANE sales were for above 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
2013 18 JUN	£687,000	£537,607	28% above HPI
2004 7 SEP	£600,000	£441,204	36% above HPI
1997 1 AUG	£275,000	£201,310	37% above HPI
1995 16 OCT	£105,000	£161,537	35% below HPI

5 ROUNDABOUT 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 four 5 ROUNDABOUT LANE sales between October 1995 and June 2013 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 September 2004 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2013 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 5 ROUNDABOUT LANE?

5 ROUNDABOUT LANE is 140m², which includes three extensions, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 5 ROUNDABOUT LANE lies on this distribution: 33% of detached houses are smaller than 5 ROUNDABOUT LANE, and 67% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

5 ROUNDABOUT LANE: Plot and Title Map

5 ROUNDABOUT LANE sits on a plot of roughly 0.174 of an acre, or 704m². The below map shows the location of 5 ROUNDABOUT 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 ROUNDABOUT 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 ROUNDABOUT LANE?

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