8, THE GROVE, BROOKMANS PARK, HATFIELD, AL9 7RN - £1,525,000

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 THE GROVE is a large extended detached house of 269m², built sometime between 1950 and 1966. It was last sold for £1,525,000 in September 2018, which was around 89% above the average September 2018 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2018, where the current energy rating was C, and the potential energy rating was C.

8 THE GROVE Sold Prices

Land registry data shows four sales for 8 THE GROVE 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 THE GROVE sales were 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
2018 13 SEP	£1,525,000	£807,185	89% above HPI
2009 5 NOV	£700,000	£491,263	42% above HPI
2003 24 OCT	£525,000	£430,039	22% above HPI
2001 28 SEP	£420,000	£338,310	24% above HPI

8 THE GROVE 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 THE GROVE sales between September 2001 and September 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 November 2009 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the September 2018 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

How Large is 8 THE GROVE?

8 THE GROVE is 269m², which includes two extensions, according to the EPC inspection conducted in June 2018. This puts it in the largest 30% of detached houses in Brookmans Park, based on EPC data. The below chart shows the distribution of detached houses by size in Brookmans Park, and where 8 THE GROVE lies on this distribution: 74% of detached houses are smaller than 8 THE GROVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Brookmans Park.

8 THE GROVE: Plot and Title Map

8 THE GROVE sits on a plot of roughly 0.257 of an acre, or 1,042m². The below map shows the location of 8 THE GROVE, 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 THE GROVE). 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 THE GROVE?

8 THE GROVE is located in BROOKMANS PARK, in the AL9 postcode district. The below map shows the position of No. 8 on THE GROVE.