16, OAKLEA, WELWYN, AL6 0PU - £640,000

16 OAKLEA is a small detached house of 126m², built sometime between 1950 and 1966. It was last sold for £640,000 in July 2022, which was around 32% below the average July 2022 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was C.

16 OAKLEA Sold Prices

Land registry data shows two sales for 16 OAKLEA 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 16 OAKLEA 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 15 JUL	£640,000	£936,097	32% below HPI
2012 30 APR	£460,000	£529,572	13% below HPI

16 OAKLEA 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 16 OAKLEA sales from April 2012 and July 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 April 2012 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the July 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 16 OAKLEA?

16 OAKLEA is 126m² according to the EPC inspection conducted in August 2021. This puts it in the smallest 30% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 16 OAKLEA lies on this distribution: 24% of detached houses are smaller than 16 OAKLEA, and 75% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

16 OAKLEA: Plot and Title Map

16 OAKLEA sits on a plot of roughly 0.121 of an acre, or 491m². The below map shows the location of 16 OAKLEA, 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 16 OAKLEA). 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 16 OAKLEA?

16 OAKLEA is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 16 on OAKLEA.