88, GRESLEY CLOSE, WELWYN GARDEN CITY, AL8 7QB - £275,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

88 GRESLEY CLOSE is a very small semi-detached house of 46m², built sometime between 1991 and 1995, which could now be worth an estimated £316,622. It was last sold for £275,500 in August 2019, which was around 40% below the average August 2019 semi-detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was July 2024, where the current energy rating was D, and the potential energy rating was B.

88 GRESLEY CLOSE Sold Prices

Land registry data shows two sales for 88 GRESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Welwyn Hatfield local authority area for the corresponding sale date. Both of the two 88 GRESLEY 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
2019 16 AUG	£275,500	£456,276	40% below HPI
2004 25 JUN	£174,950	£244,451	28% below HPI

88 GRESLEY CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The two 88 GRESLEY CLOSE sales from June 2004 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 June 2004 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the August 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 88 GRESLEY CLOSE be worth now?

88 GRESLEY CLOSE might now be worth an estimated £316,622.

This is based on house price inflation of 14.9%, between August 2019 and February 2025, for semi-detached houses, in the Welwyn Hatfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 14.9% inflationary increase is applied to the most recent sale price for 88 GRESLEY CLOSE of £275,500 on 16th August 2019. For the value to have increased from £275,500 to £316,622 over the six years and six months to February 2025, the following assumptions must hold true:

• The value of 88 GRESLEY CLOSE has moved in line with the HPI for semi-detached houses in the Welwyn Hatfield local authority area.
• The August 2019 sale price of £275,500 represented a fair market value for the property.
• The size, condition, and specification of 88 GRESLEY CLOSE has not materially changed since August 2019.

How Large is 88 GRESLEY CLOSE?

88 GRESLEY CLOSE is 46m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of semi-detached houses houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Welwyn Garden City, and where 88 GRESLEY CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 88 GRESLEY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

88 GRESLEY CLOSE: Plot and Title Map

88 GRESLEY CLOSE sits on a plot of roughly 0.007 of an acre, or 27m². The below map shows the location of 88 GRESLEY 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 88 GRESLEY 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 88 GRESLEY CLOSE?

88 GRESLEY CLOSE is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 88 on GRESLEY CLOSE.