7, GARDEN CLOSE, WOOLMER GREEN, KNEBWORTH, SG3 6JF - £420,000

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

7 GARDEN CLOSE is a very small detached house of 61m², built sometime between 1983 and 1990. It was last sold for £420,000 in April 2023, which was around 54% below the average April 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

7 GARDEN CLOSE Sold Prices

Land registry data shows three sales for 7 GARDEN 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 GARDEN 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
2023 5 APR	£420,000	£919,171	54% below HPI
2019 22 MAR	£367,000	£802,405	54% below HPI
2009 15 JUN	£229,000	£445,018	49% below HPI

7 GARDEN 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 GARDEN CLOSE sales between June 2009 and April 2023 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 2019 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the April 2023 sale, which was also at 54% below the HPI.

How Large is 7 GARDEN CLOSE?

7 GARDEN CLOSE is 61m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 10% of detached houses in Woolmer Green, based on EPC data. The below chart shows the distribution of detached houses by size in Woolmer Green, and where 7 GARDEN CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 7 GARDEN CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Woolmer Green.

7 GARDEN CLOSE: Plot and Title Map

7 GARDEN CLOSE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 7 GARDEN 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 GARDEN 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 GARDEN CLOSE?

7 GARDEN CLOSE is located in WOOLMER GREEN, in the SG3 postcode district. The below map shows the position of No. 7 on GARDEN CLOSE.