OAKWELL, 39A, WELLFIELD ROAD, HATFIELD, AL10 0BY - £635,000

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

OAKWELL is a large detached house of 157m², built sometime between 1991 and 1995. It was last sold for £635,000 in August 2022, which was around 33% below the average August 2022 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was B.

OAKWELL Sold Prices

Land registry data shows three sales for OAKWELL since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three OAKWELL 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
2022 5 AUG	£635,000	£950,882	33% below HPI
2015 20 JAN	£404,000	£638,330	37% below HPI
2006 4 AUG	£320,000	£460,877	31% below HPI

OAKWELL 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 three OAKWELL sales between August 2006 and August 2022 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 January 2015 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the August 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is OAKWELL?

OAKWELL is 157m² according to the EPC inspection conducted in January 2013. This puts it in the largest 30% of detached houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses by size in Hatfield, and where OAKWELL lies on this distribution: 74% of detached houses are smaller than OAKWELL, and 26% of houses are larger. Note that EPC data is not available for all properties in Hatfield.

OAKWELL: Plot and Title Map

OAKWELL sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of OAKWELL, 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 OAKWELL). 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 OAKWELL?

OAKWELL is located on WELLFIELD ROAD in HATFIELD, in the AL10 postcode district. The below map shows the position of OAKWELL on WELLFIELD ROAD.