7B, OAKLANDS RISE, WELWYN, AL6 0RH - £1,125,000

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

7B OAKLANDS RISE is a large detached house of 205m². It was last sold for £1,125,000 in January 2023, which was around 20% above the average January 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2017, where the current energy rating was B, and the potential energy rating was B.

7B OAKLANDS RISE Sold Prices

Land registry data shows three sales for 7B OAKLANDS RISE 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 7B OAKLANDS RISE sales were for above 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 31 JAN	£1,125,000	£936,353	20% above HPI
2017 2 MAY	£970,000	£780,808	24% above HPI
2016 18 FEB	£1,100,000	£717,877	53% above HPI

7B OAKLANDS RISE 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 7B OAKLANDS RISE sales between February 2016 and January 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 May 2017 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the January 2023 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 7B OAKLANDS RISE?

7B OAKLANDS RISE is 205m² according to the EPC inspection conducted in March 2017. This puts it in the largest 30% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 7B OAKLANDS RISE lies on this distribution: 75% of detached houses are smaller than 7B OAKLANDS RISE, and 24% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

7B OAKLANDS RISE: Plot and Title Map

7B OAKLANDS RISE sits on a plot of roughly 0.157 of an acre, or 633m². The below map shows the location of 7B OAKLANDS RISE, 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 7B OAKLANDS RISE). 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 7B OAKLANDS RISE?

7B OAKLANDS RISE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 7B on OAKLANDS RISE.