8, GARDEN CLOSE, WOOLMER GREEN, KNEBWORTH, SG3 6JF - £419,950

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 GARDEN CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £423,184. It was last sold for £419,950 in November 2021, which was around 55% below the average November 2021 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

8 GARDEN CLOSE Sold Prices

Land registry data shows three sales for 8 GARDEN 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 8 GARDEN 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
2021 26 NOV	£419,950	£930,793	55% below HPI
2021 24 MAY	£425,000	£870,692	51% below HPI
2012 23 NOV	£232,000	£565,267	59% below HPI

8 GARDEN 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 8 GARDEN CLOSE sales between November 2012 and November 2021 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 2021 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the November 2021 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

What might 8 GARDEN CLOSE be worth now?

8 GARDEN CLOSE might now be worth an estimated £423,184.

This is based on house price inflation of 0.8%, between November 2021 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 0.8% inflationary increase is applied to the most recent sale price for 8 GARDEN CLOSE of £419,950 on 26th November 2021. For the value to have increased from £419,950 to £423,184 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 GARDEN CLOSE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The November 2021 sale price of £419,950 represented a fair market value for the property.
• The size, condition, and specification of 8 GARDEN CLOSE has not materially changed since November 2021.

How Large is 8 GARDEN CLOSE?

8 GARDEN CLOSE is 62m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Woolmer Green, based on EPC data. The below chart shows the distribution of detached houses houses by size in Woolmer Green, and where 8 GARDEN CLOSE lies on this distribution: 2% of detached houses houses are smaller than 8 GARDEN CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Woolmer Green.

8 GARDEN CLOSE: Plot and Title Map

8 GARDEN CLOSE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 8 GARDEN 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 8 GARDEN 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 8 GARDEN CLOSE?

8 GARDEN CLOSE is located in WOOLMER GREEN, in the SG3 postcode district. The below map shows the position of No. 8 on GARDEN CLOSE.