3, LOWER GREEN, TEWIN, WELWYN, AL6 0JS - £530,000

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.

3 LOWER GREEN is a very small extended terraced house of 77m², built sometime before 1900, which could now be worth an estimated £565,743. It was last sold for £530,000 in October 2023, which was around 36% above the average October 2023 terraced price in the East Hertfordshire local authority area. The most recent EPC inspection was June 2023, where the current energy rating was E, and the potential energy rating was C.

3 LOWER GREEN Sold Prices

Land registry data shows four sales for 3 LOWER GREEN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the East Hertfordshire local authority area for the corresponding sale date. Most of the four 3 LOWER GREEN 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
2023 24 OCT	£530,000	£390,573	36% above HPI
2011 6 APR	£230,000	£232,038	1% below HPI
2001 18 MAY	£199,950	£126,904	58% above HPI
1995 27 JUL	£114,250	£66,130	73% above HPI

3 LOWER GREEN Price Paid vs. HPI Average

The below graph shows the average terraced house price in the East Hertfordshire local authority area over time, sourced from the HPI. The four 3 LOWER GREEN sales between July 1995 and October 2023 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 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the October 2023 sale, where it rises to 36% above the HPI. The line then continues to track at 36% above the HPI.

What might 3 LOWER GREEN be worth now?

3 LOWER GREEN might now be worth an estimated £565,743.

This is based on house price inflation of 6.7%, between October 2023 and May 2026, for terraced houses, in the East Hertfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% inflationary increase is applied to the most recent sale price for 3 LOWER GREEN of £530,000 on 24th October 2023. For the value to have increased from £530,000 to £565,743 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 3 LOWER GREEN has moved in line with the HPI for terraced houses in the East Hertfordshire local authority area.
• The October 2023 sale price of £530,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LOWER GREEN has not materially changed since October 2023.

How Large is 3 LOWER GREEN?

3 LOWER GREEN is 77m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 10% of terraced houses houses in Tewin, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Tewin, and where 3 LOWER GREEN lies on this distribution: 2% of terraced houses houses are smaller than 3 LOWER GREEN, and 98% of houses are larger. Note that EPC data is not available for all properties in Tewin.

3 LOWER GREEN: Plot and Title Map

3 LOWER GREEN sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 3 LOWER GREEN, 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 LOWER GREEN). 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 LOWER GREEN?

3 LOWER GREEN is located in TEWIN, in the AL6 postcode district. The below map shows the position of No. 3 on LOWER GREEN.