8, ORCHID CLOSE, HATFIELD, AL10 9FE - £630,000

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 ORCHID CLOSE is a midsized detached house of 134m², built sometime between 2003 and 2006. It was last sold for £630,000 in August 2023, which was around 33% below the average August 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was July 2023, where the current energy rating was C, and the potential energy rating was B.

8 ORCHID CLOSE Sold Prices

Land registry data shows four sales for 8 ORCHID CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the four 8 ORCHID 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
2023 25 AUG	£630,000	£947,336	33% below HPI
2021 14 MAY	£590,000	£841,607	30% below HPI
2014 6 JUN	£405,000	£595,588	32% below HPI
2003 11 JUL	£310,000	£413,335	25% below HPI

8 ORCHID 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 four 8 ORCHID CLOSE sales between July 2003 and August 2023 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 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 ORCHID CLOSE?

8 ORCHID CLOSE is 134m² according to the EPC inspection conducted in July 2023. This puts it in the largest 50% of detached houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield, and where 8 ORCHID CLOSE lies on this distribution: 52% of detached houses are smaller than 8 ORCHID CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Hatfield.

8 ORCHID CLOSE: Plot and Title Map

8 ORCHID CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 8 ORCHID 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 ORCHID 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 ORCHID CLOSE?

8 ORCHID CLOSE is located in HATFIELD, in the AL10 postcode district. The below map shows the position of No. 8 on ORCHID CLOSE.