36, NEW ROAD, WELWYN, AL6 0AH - £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.

36 NEW ROAD is a very large detached house of 275m², built sometime between 1900 and 1929, which could now be worth an estimated £2,334,068. It was last sold for £1,330,000 in March 2011, which was around 141% above the average March 2011 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was August 2010, where the current energy rating was E, and the potential energy rating was E.

36 NEW ROAD Sold Prices

Land registry data shows two sales for 36 NEW ROAD 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 36 NEW ROAD 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
2011 23 MAR	£1,330,000	£552,637	141% above HPI
1995 11 MAY	£314,600	£162,987	93% above HPI

36 NEW ROAD 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 36 NEW ROAD sales from May 1995 and March 2011 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 1995 sale was for 93% above the HPI. So the extrapolation line tracks at 93% above the HPI over time, until the March 2011 sale, where it rises to 141% above the HPI. The line then continues to track at 141% above the HPI.

What might 36 NEW ROAD be worth now?

36 NEW ROAD might now be worth an estimated £2,334,068.

This is based on house price inflation of 75.5%, between March 2011 and March 2026, 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 75.5% inflationary increase is applied to the most recent sale price for 36 NEW ROAD of £1,330,000 on 23rd March 2011. For the value to have increased from £1,330,000 to £2,334,068 over the fifteen years to March 2026, the following assumptions must hold true:

• The value of 36 NEW ROAD has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The March 2011 sale price of £1,330,000 represented a fair market value for the property.
• The size, condition, and specification of 36 NEW ROAD has not materially changed since March 2011.

How Large is 36 NEW ROAD?

36 NEW ROAD is 275m² according to the EPC inspection conducted in August 2010. This puts it in the largest 10% of detached houses houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of detached houses houses by size in Welwyn Garden City, and where 36 NEW ROAD lies on this distribution: 96% of detached houses houses are smaller than 36 NEW ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

36 NEW ROAD: Plot and Title Map

36 NEW ROAD sits on a plot of roughly 0.579 of an acre, or 2,343m². The below map shows the location of 36 NEW ROAD, 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 36 NEW ROAD). 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 36 NEW ROAD?

36 NEW ROAD is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 36 on NEW ROAD.