2, THE DRIVE, BROOKMANS PARK, HATFIELD, AL9 7BD - £1,330,000

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 THE DRIVE is a midsized extended detached house of 218m², built sometime between 1991 and 1995, which could now be worth an estimated £1,343,461. It was last sold for £1,330,000 in October 2021, which was around 44% above the average October 2021 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

2 THE DRIVE Sold Prices

Land registry data shows four sales for 2 THE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the four 2 THE DRIVE 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
2021 7 OCT	£1,330,000	£921,631	44% above HPI
2005 28 FEB	£700,000	£474,364	48% above HPI
2001 8 FEB	£375,000	£326,993	15% above HPI
2000 11 AUG	£340,000	£317,556	7% above HPI

2 THE DRIVE 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 four 2 THE DRIVE sales between August 2000 and October 2021 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 February 2005 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the October 2021 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 2 THE DRIVE be worth now?

2 THE DRIVE might now be worth an estimated £1,343,461.

This is based on house price inflation of 1%, between October 2021 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 1% inflationary increase is applied to the most recent sale price for 2 THE DRIVE of £1,330,000 on 7th October 2021. For the value to have increased from £1,330,000 to £1,343,461 over the four years and seven months to March 2025, the following assumptions must hold true:

• The value of 2 THE DRIVE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The October 2021 sale price of £1,330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE DRIVE has not materially changed since October 2021.

How Large is 2 THE DRIVE?

2 THE DRIVE is 218m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the largest 50% 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 THE DRIVE lies on this distribution: 58% of detached houses houses are smaller than 2 THE DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Brookmans Park.

2 THE DRIVE: Plot and Title Map

2 THE DRIVE sits on a plot of roughly 0.260 of an acre, or 1,051m². The below map shows the location of 2 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

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