LONGRIDGE, CHESTNUT WALK, WELWYN, AL6 0SB - £645,000

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.

LONGRIDGE is a small detached house of 130m², built sometime between 1967 and 1975, which could now be worth an estimated £694,719. It was last sold for £645,000 in September 2020, which was around 26% below the average September 2020 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

LONGRIDGE Sold Prices

Land registry data shows two sales for LONGRIDGE 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 LONGRIDGE 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 10 SEP	£645,000	£870,834	26% below HPI
2016 26 MAY	£590,000	£778,134	24% below HPI

LONGRIDGE 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 LONGRIDGE sales from May 2016 and September 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 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2020 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might LONGRIDGE be worth now?

LONGRIDGE might now be worth an estimated £694,719.

This is based on house price inflation of 7.7%, between September 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 7.7% inflationary increase is applied to the most recent sale price for LONGRIDGE of £645,000 on 10th September 2020. For the value to have increased from £645,000 to £694,719 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of LONGRIDGE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The September 2020 sale price of £645,000 represented a fair market value for the property.
• The size, condition, and specification of LONGRIDGE has not materially changed since September 2020.

How Large is LONGRIDGE?

LONGRIDGE is 130m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 30% 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 LONGRIDGE lies on this distribution: 28% of detached houses houses are smaller than LONGRIDGE, and 72% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

LONGRIDGE: Plot and Title Map

LONGRIDGE sits on a plot of roughly 0.213 of an acre, or 864m². The below map shows the location of LONGRIDGE, 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 LONGRIDGE). 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 LONGRIDGE?

LONGRIDGE is located on CHESTNUT WALK in WELWYN, in the AL6 postcode district. The below map shows the position of LONGRIDGE on CHESTNUT WALK.