2, PIPPENS, WELWYN GARDEN CITY, AL8 7AB - £242,000

2 PIPPENS is a very small detached house of 89m², built sometime between 1950 and 1966. It was last sold for £242,000 in April 2010, which was around 53% below the average April 2010 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

2 PIPPENS Sold Prices

Land registry data shows two sales for 2 PIPPENS 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 PIPPENS 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
2010 30 APR	£242,000	£512,135	53% below HPI
2007 18 JAN	£237,000	£459,561	48% below HPI

2 PIPPENS 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 PIPPENS sales from January 2007 and April 2010 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 2007 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the April 2010 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

How Large is 2 PIPPENS?

2 PIPPENS is 89m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% 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 2 PIPPENS lies on this distribution: 14% of detached houses are smaller than 2 PIPPENS, and 86% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

2 PIPPENS: Plot and Title Map

2 PIPPENS sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 2 PIPPENS, 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 PIPPENS). 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 PIPPENS?

2 PIPPENS is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 2 on PIPPENS.