8, BRIARY WOOD LANE, WELWYN, AL6 0TF - £725,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 BRIARY WOOD LANE is a midsized extended detached house of 168m², built sometime between 1950 and 1966, which could now be worth an estimated £926,402. It was last sold for £725,000 in November 2015, which was around 1% below the average November 2015 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was A.

8 BRIARY WOOD LANE Sold Prices

Land registry data shows three sales for 8 BRIARY WOOD LANE 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. Two of the three 8 BRIARY WOOD LANE sales were for below the average price, whilst one was 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
2015 30 NOV	£725,000	£734,046	1% below HPI
2002 17 SEP	£380,000	£414,057	8% below HPI
1995 11 MAY	£180,000	£162,987	10% above HPI

8 BRIARY WOOD LANE 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 8 BRIARY WOOD LANE sales between May 1995 and November 2015 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 September 2002 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2015 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 8 BRIARY WOOD LANE be worth now?

8 BRIARY WOOD LANE might now be worth an estimated £926,402.

This is based on house price inflation of 27.8%, between November 2015 and February 2025, for detached houses, in the Welwyn Hatfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.8% inflationary increase is applied to the most recent sale price for 8 BRIARY WOOD LANE of £725,000 on 30th November 2015. For the value to have increased from £725,000 to £926,402 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 BRIARY WOOD LANE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The November 2015 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BRIARY WOOD LANE has not materially changed since November 2015.

How Large is 8 BRIARY WOOD LANE?

8 BRIARY WOOD LANE is 168m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 50% of detached houses houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oaklands, and where 8 BRIARY WOOD LANE lies on this distribution: 57% of detached houses houses are smaller than 8 BRIARY WOOD LANE, and 43% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

8 BRIARY WOOD LANE: Plot and Title Map

8 BRIARY WOOD LANE sits on a plot of roughly 0.174 of an acre, or 706m². The below map shows the location of 8 BRIARY WOOD LANE, 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 BRIARY WOOD LANE). 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 8 BRIARY WOOD LANE?

8 BRIARY WOOD LANE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 8 on BRIARY WOOD LANE.