9, PEACE GROVE, WELWYN, AL6 0RS - £800,000

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.

9 PEACE GROVE is a midsized extended detached house of 168m², built sometime between 1967 and 1975, which could now be worth an estimated £837,235. It was last sold for £800,000 in December 2020, which was around 11% below the average December 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was January 2020, where the current energy rating was C, and the potential energy rating was B.

9 PEACE GROVE Sold Prices

Land registry data shows two sales for 9 PEACE GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. Both of the two 9 PEACE GROVE 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
2020 7 DEC	£800,000	£896,246	11% below HPI
2019 16 MAY	£595,000	£841,646	29% below HPI

9 PEACE 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 two 9 PEACE GROVE sales from May 2019 and December 2020 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 2019 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 9 PEACE GROVE be worth now?

9 PEACE GROVE might now be worth an estimated £837,235.

This is based on house price inflation of 4.7%, between December 2020 and February 2025, for 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 4.7% inflationary increase is applied to the most recent sale price for 9 PEACE GROVE of £800,000 on 7th December 2020. For the value to have increased from £800,000 to £837,235 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 9 PEACE GROVE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The December 2020 sale price of £800,000 represented a fair market value for the property.
• The size, condition, and specification of 9 PEACE GROVE has not materially changed since December 2020.

How Large is 9 PEACE GROVE?

9 PEACE GROVE is 168m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the largest 50% of detached houses houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oaklands, and where 9 PEACE GROVE lies on this distribution: 57% of detached houses houses are smaller than 9 PEACE GROVE, and 43% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

9 PEACE GROVE: Plot and Title Map

9 PEACE GROVE sits on a plot of roughly 0.183 of an acre, or 739m². The below map shows the location of 9 PEACE 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 9 PEACE 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 9 PEACE GROVE?

9 PEACE GROVE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 9 on PEACE GROVE.