Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 NORTH RIDE is a small detached house of 128m², built sometime between 1950 and 1966. It was last sold for £737,000 in August 2019, which was around 9% below the average August 2019 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was February 2013, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 8 NORTH RIDE 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 NORTH RIDE 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 |
---|---|---|---|
2019 14 AUG | £737,000 | £810,238 | 9% below HPI |
2013 3 MAY | £480,000 | £533,921 | 10% 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 NORTH RIDE sales from May 2013 and August 2019 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 2013 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2019 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.
8 NORTH RIDE is 128m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% 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 NORTH RIDE lies on this distribution: 29% of detached houses are smaller than 8 NORTH RIDE, and 70% of houses are larger. Note that EPC data is not available for all properties in Welwyn.
8 NORTH RIDE sits on a plot of roughly 0.213 of an acre, or 860m². The below map shows the location of 8 NORTH RIDE, 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 NORTH RIDE). 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 NORTH RIDE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 8 on NORTH RIDE.