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
8 BLAKES WAY is a midsized extended detached house of 149m², built sometime between 1967 and 1975. It was last sold for £712,500 in December 2018, which was around 14% below the average December 2018 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 8 BLAKES WAY since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. Both of the two 8 BLAKES WAY 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 20 DEC | £712,500 | £827,260 | 14% below HPI |
2016 4 JUL | £15,000 | £792,879 | 98% below HPI |
The below graph shows the average detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The two 8 BLAKES WAY sales from July 2016 and December 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 2016 sale was for 98% below the HPI. So the extrapolation line tracks at 98% below the HPI over time, until the December 2018 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.
8 BLAKES WAY is 149m², which includes one extension, according to the EPC inspection conducted in July 2018. This puts it in the smallest 50% of detached houses in Welwyn, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn, and where 8 BLAKES WAY lies on this distribution: 49% of detached houses are smaller than 8 BLAKES WAY, and 51% of houses are larger. Note that EPC data is not available for all properties in Welwyn.
8 BLAKES WAY sits on a plot of roughly 0.315 of an acre, or 1,277m². The below map shows the location of 8 BLAKES WAY, 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 8 BLAKES WAY). 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.
8 BLAKES WAY is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 8 on BLAKES WAY.