8, WELSUMMER WAY, CHESHUNT, WALTHAM CROSS, EN8 0UG - £500,000

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 WELSUMMER WAY is a very small detached house of 92m², built sometime between 1983 and 1990. It was last sold for £500,000 in October 2023, which was around 38% below the average October 2023 detached price in the Broxbourne local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was B.

8 WELSUMMER WAY Sold Prices

Land registry data shows four sales for 8 WELSUMMER WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. All of the four 8 WELSUMMER WAY 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 20 OCT	£500,000	£812,004	38% below HPI
2002 28 JUN	£249,999	£329,715	24% below HPI
1999 1 APR	£154,000	£199,093	23% below HPI
1997 2 APR	£130,000	£158,835	18% below HPI

8 WELSUMMER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The four 8 WELSUMMER WAY sales between April 1997 and October 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 June 2002 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the October 2023 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 8 WELSUMMER WAY?

8 WELSUMMER WAY is 92m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 20% of detached houses in Cheshunt, based on EPC data. The below chart shows the distribution of detached houses by size in Cheshunt, and where 8 WELSUMMER WAY lies on this distribution: 16% of detached houses are smaller than 8 WELSUMMER WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

8 WELSUMMER WAY: Plot and Title Map

8 WELSUMMER WAY sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 8 WELSUMMER WAY, 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 WELSUMMER WAY). 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 WELSUMMER WAY?

8 WELSUMMER WAY is located in CHESHUNT, in the EN8 postcode district. The below map shows the position of No. 8 on WELSUMMER WAY.