7, GRESLEY CLOSE, WELWYN GARDEN CITY, AL8 7QA - £660,000

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 GRESLEY CLOSE is a midsized detached house of 116m², built sometime between 1996 and 2002. It was last sold for £660,000 in July 2020, which was around 19% below the average July 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

7 GRESLEY CLOSE Sold Prices

Land registry data shows three sales for 7 GRESLEY 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 GRESLEY 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
2020 24 JUL	£660,000	£810,749	19% below HPI
2017 20 DEC	£750,000	£805,299	7% below HPI
2000 1 AUG	£265,000	£306,948	14% below HPI

7 GRESLEY 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 GRESLEY CLOSE sales between August 2000 and July 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 December 2017 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2020 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 7 GRESLEY CLOSE?

7 GRESLEY CLOSE is 116m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 50% of detached houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn Garden City, and where 7 GRESLEY CLOSE lies on this distribution: 41% of detached houses are smaller than 7 GRESLEY CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

7 GRESLEY CLOSE: Plot and Title Map

7 GRESLEY CLOSE sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 7 GRESLEY 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 GRESLEY 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 GRESLEY CLOSE?

7 GRESLEY CLOSE is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 7 on GRESLEY CLOSE.