8, MITCHELL CLOSE, WELWYN GARDEN CITY, AL7 2NH - £510,000

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 MITCHELL CLOSE is a small extended detached house of 110m², built sometime between 1983 and 1990, which could now be worth an estimated £567,458. It was last sold for £510,000 in March 2018, which was around 40% below the average March 2018 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was August 2017, where the current energy rating was C, and the potential energy rating was B.

8 MITCHELL CLOSE Sold Prices

Land registry data shows two sales for 8 MITCHELL CLOSE since 1^st 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 MITCHELL 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
2018 6 MAR	£510,000	£842,987	40% below HPI
2011 8 SEP	£337,500	£537,771	37% below HPI

8 MITCHELL 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 two 8 MITCHELL CLOSE sales from September 2011 and March 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 September 2011 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the March 2018 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 8 MITCHELL CLOSE be worth now?

8 MITCHELL CLOSE might now be worth an estimated £567,458.

This is based on house price inflation of 11.3%, between March 2018 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 11.3% inflationary increase is applied to the most recent sale price for 8 MITCHELL CLOSE of £510,000 on 6th March 2018. For the value to have increased from £510,000 to £567,458 over the seven years and one month to February 2025, the following assumptions must hold true:

• The value of 8 MITCHELL CLOSE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The March 2018 sale price of £510,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MITCHELL CLOSE has not materially changed since March 2018.

How Large is 8 MITCHELL CLOSE?

8 MITCHELL CLOSE is 110m², which includes two extensions, according to the EPC inspection conducted in August 2017. This puts it in the smallest 40% of detached houses houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welwyn Garden City, and where 8 MITCHELL CLOSE lies on this distribution: 33% of detached houses houses are smaller than 8 MITCHELL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

8 MITCHELL CLOSE: Plot and Title Map

8 MITCHELL CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 8 MITCHELL 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 MITCHELL 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 MITCHELL CLOSE?

8 MITCHELL CLOSE is located in WELWYN GARDEN CITY, in the AL7 postcode district. The below map shows the position of No. 8 on MITCHELL CLOSE.