5, THE AVENUE, WELWYN, AL6 0PN - £650,000

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 THE AVENUE is a very large extended detached house of 262m², built sometime between 1950 and 1966, which could now be worth an estimated £727,158. It was last sold for £650,000 in July 2019, which was around 22% below the average July 2019 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

5 THE AVENUE Sold Prices

Land registry data shows three sales for 5 THE AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three 5 THE AVENUE 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
2019 5 JUL	£650,000	£838,435	22% below HPI
2011 18 MAR	£500,000	£552,637	10% below HPI
2005 18 JUL	£410,000	£459,985	11% below HPI

5 THE AVENUE 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 three 5 THE AVENUE sales between July 2005 and July 2019 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 March 2011 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the July 2019 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 5 THE AVENUE be worth now?

5 THE AVENUE might now be worth an estimated £727,158.

This is based on house price inflation of 11.9%, between July 2019 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 11.9% inflationary increase is applied to the most recent sale price for 5 THE AVENUE of £650,000 on 5th July 2019. For the value to have increased from £650,000 to £727,158 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 5 THE AVENUE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The July 2019 sale price of £650,000 represented a fair market value for the property.
• The size, condition, and specification of 5 THE AVENUE has not materially changed since July 2019.

How Large is 5 THE AVENUE?

5 THE AVENUE is 262m², which includes three extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 10% 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 THE AVENUE lies on this distribution: 92% of detached houses houses are smaller than 5 THE AVENUE, and 8% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

5 THE AVENUE: Plot and Title Map

5 THE AVENUE sits on a plot of roughly 0.250 of an acre, or 1,011m². The below map shows the location of 5 THE AVENUE, 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 THE AVENUE). 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 THE AVENUE?

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