3, GRESLEY CLOSE, WELWYN GARDEN CITY, AL8 7QA - £745,000

3 GRESLEY CLOSE is a midsized detached house of 119m², built sometime between 1991 and 1995. It was last sold for £745,000 in November 2022, which was around 21% below the average November 2022 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

3 GRESLEY CLOSE Sold Prices

Land registry data shows five sales for 3 GRESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the five 3 GRESLEY CLOSE 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 8 NOV	£745,000	£941,762	21% below HPI
2013 1 AUG	£465,000	£553,232	16% below HPI
2007 21 DEC	£367,500	£509,888	28% below HPI
1999 26 MAY	£176,250	£232,600	24% below HPI
1996 27 MAR	£127,500	£161,931	21% below HPI

3 GRESLEY 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 five 3 GRESLEY CLOSE sales between March 1996 and November 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 August 2013 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2022 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 3 GRESLEY CLOSE?

3 GRESLEY CLOSE is 119m² according to the EPC inspection conducted in May 2013. 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 3 GRESLEY CLOSE lies on this distribution: 44% of detached houses are smaller than 3 GRESLEY CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

3 GRESLEY CLOSE: Plot and Title Map

3 GRESLEY CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 3 GRESLEY 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 3 GRESLEY 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 3 GRESLEY CLOSE?

3 GRESLEY CLOSE is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 3 on GRESLEY CLOSE.