8, OAKLEA, WELWYN, AL6 0PU - £710,000

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 OAKLEA is a large extended detached house of 196m², built sometime between 1950 and 1966. It was last sold for £710,000 in June 2019, which was around 13% below the average June 2019 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.

8 OAKLEA Sold Prices

Land registry data shows three sales for 8 OAKLEA 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 OAKLEA 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
2019 7 JUN	£710,000	£812,878	13% below HPI
2007 14 DEC	£570,000	£509,888	12% above HPI
1997 7 NOV	£150,000	£205,362	27% below HPI

8 OAKLEA 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 OAKLEA sales between November 1997 and June 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 December 2007 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the June 2019 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 8 OAKLEA?

8 OAKLEA is 196m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the largest 30% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 8 OAKLEA lies on this distribution: 70% of detached houses are smaller than 8 OAKLEA, and 28% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

8 OAKLEA: Plot and Title Map

8 OAKLEA sits on a plot of roughly 0.229 of an acre, or 928m². The below map shows the location of 8 OAKLEA, 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 OAKLEA). 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 OAKLEA?

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