11, THE REEDS, WELWYN GARDEN CITY, AL7 3BN - £525,000

11 THE REEDS is a midsized extended detached house of 121m², built sometime between 1991 and 1995. It was last sold for £525,000 in September 2014, which was around 16% below the average September 2014 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was October 2011, where the current energy rating was D, and the potential energy rating was C.

11 THE REEDS Sold Prices

Land registry data shows two sales for 11 THE REEDS 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 11 THE REEDS 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
2014 12 SEP	£525,000	£623,519	16% below HPI
1995 28 JUL	£130,000	£157,393	17% below HPI

11 THE REEDS 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 11 THE REEDS sales from July 1995 and September 2014 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 July 1995 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2014 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 11 THE REEDS?

11 THE REEDS is 121m², which includes one extension, according to the EPC inspection conducted in October 2011. This puts it in the smallest 50% of detached houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses by size in Welwyn Garden City, and where 11 THE REEDS lies on this distribution: 46% of detached houses are smaller than 11 THE REEDS, and 54% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

11 THE REEDS: Plot and Title Map

11 THE REEDS sits on a plot of roughly 0.075 of an acre, or 303m². The below map shows the location of 11 THE REEDS, 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 11 THE REEDS). 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 11 THE REEDS?

11 THE REEDS is located in WELWYN GARDEN CITY, in the AL7 postcode district. The below map shows the position of No. 11 on THE REEDS.