2, PARK CLOSE, BROOKMANS PARK, HATFIELD, AL9 7RS - £725,000

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.

2 PARK CLOSE is a small extended detached house of 157m², built sometime between 1967 and 1975, which could now be worth an estimated £1,441,218. It was last sold for £725,000 in August 2009, which was around 55% above the average August 2009 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2009, where the current energy rating was D, and the potential energy rating was C.

2 PARK CLOSE Sold Prices

Land registry data shows two sales for 2 PARK CLOSE 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 2 PARK CLOSE sales were for above 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
2009 10 AUG	£725,000	£468,316	55% above HPI
2004 21 MAY	£500,000	£457,112	9% above HPI

2 PARK CLOSE 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 2 PARK CLOSE sales from May 2004 and August 2009 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 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the August 2009 sale, where it rises to 55% above the HPI. The line then continues to track at 55% above the HPI.

What might 2 PARK CLOSE be worth now?

2 PARK CLOSE might now be worth an estimated £1,441,218.

This is based on house price inflation of 98.8%, between August 2009 and March 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 98.8% inflationary increase is applied to the most recent sale price for 2 PARK CLOSE of £725,000 on 10th August 2009. For the value to have increased from £725,000 to £1,441,218 over the sixteen years and five months to March 2025, the following assumptions must hold true:

• The value of 2 PARK CLOSE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The August 2009 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK CLOSE has not materially changed since August 2009.

How Large is 2 PARK CLOSE?

2 PARK CLOSE is 157m², which includes two extensions, according to the EPC inspection conducted in June 2009. This puts it in the smallest 30% of detached houses houses in Brookmans Park, based on EPC data. The below chart shows the distribution of detached houses houses by size in Brookmans Park, and where 2 PARK CLOSE lies on this distribution: 28% of detached houses houses are smaller than 2 PARK CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Brookmans Park.

2 PARK CLOSE: Plot and Title Map

2 PARK CLOSE sits on a plot of roughly 0.177 of an acre, or 718m². The below map shows the location of 2 PARK CLOSE, 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 2 PARK CLOSE). 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 2 PARK CLOSE?

2 PARK CLOSE is located in BROOKMANS PARK, in the AL9 postcode district. The below map shows the position of No. 2 on PARK CLOSE.