7, WELLANDS, HATFIELD, AL10 0DB - £635,000

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 WELLANDS is a midsized extended detached house of 137m², built sometime between 1967 and 1975. It was last sold for £635,000 in November 2022, which was around 32% below the average November 2022 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was C.

7 WELLANDS Sold Prices

Land registry data shows three sales for 7 WELLANDS 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 WELLANDS 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
2022 7 NOV	£635,000	£933,706	32% below HPI
2003 11 NOV	£255,000	£437,216	42% below HPI
1996 6 SEP	£142,500	£166,878	15% below HPI

7 WELLANDS 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 WELLANDS sales between September 1996 and November 2022 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 November 2003 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the November 2022 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 WELLANDS?

7 WELLANDS is 137m², which includes one extension, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield, and where 7 WELLANDS lies on this distribution: 56% of detached houses are smaller than 7 WELLANDS, and 43% of houses are larger. Note that EPC data is not available for all properties in Hatfield.

7 WELLANDS: Plot and Title Map

7 WELLANDS sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 7 WELLANDS, 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 WELLANDS). 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 WELLANDS?

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