7, FALCON CLOSE, HATFIELD, AL10 8QY - £410,000

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

7 FALCON CLOSE is a very small detached house of 80m², built sometime between 1950 and 1966, which could now be worth an estimated £434,034. It was last sold for £410,000 in November 2018, which was around 52% below the average November 2018 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was D.

7 FALCON CLOSE Sold Prices

Land registry data shows three sales for 7 FALCON CLOSE 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 7 FALCON CLOSE 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
2018 9 NOV	£410,000	£854,256	52% below HPI
2013 12 JUL	£267,000	£565,920	53% below HPI
1999 3 DEC	£133,000	£274,691	52% below HPI

7 FALCON CLOSE 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 7 FALCON CLOSE sales between December 1999 and November 2018 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 July 2013 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the November 2018 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 7 FALCON CLOSE be worth now?

7 FALCON CLOSE might now be worth an estimated £434,034.

This is based on house price inflation of 5.9%, between November 2018 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 5.9% inflationary increase is applied to the most recent sale price for 7 FALCON CLOSE of £410,000 on 9th November 2018. For the value to have increased from £410,000 to £434,034 over the five years and eleven months to December 2024, the following assumptions must hold true:

• The value of 7 FALCON CLOSE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The November 2018 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FALCON CLOSE has not materially changed since November 2018.

How Large is 7 FALCON CLOSE?

7 FALCON CLOSE is 80m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield, and where 7 FALCON CLOSE lies on this distribution: 4% of detached houses houses are smaller than 7 FALCON CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Hatfield.

7 FALCON CLOSE: Plot and Title Map

7 FALCON CLOSE sits on a plot of roughly 0.092 of an acre, or 371m². The below map shows the location of 7 FALCON CLOSE, 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 7 FALCON CLOSE). 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 7 FALCON CLOSE?

7 FALCON CLOSE is located in HATFIELD, in the AL10 postcode district. The below map shows the position of No. 7 on FALCON CLOSE.