4, ORCHID CLOSE, HATFIELD, AL10 9FE - £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.

4 ORCHID CLOSE is a midsized terraced house of 125m², built sometime between 1996 and 2002, which could now be worth an estimated £584,540. It was last sold for £330,000 in July 2013, which was around 42% above the average July 2013 terraced price in the Welwyn Hatfield local authority area. The most recent EPC inspection was December 2010, where the current energy rating was C, and the potential energy rating was C.

4 ORCHID CLOSE Sold Prices

Land registry data shows four sales for 4 ORCHID CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the four 4 ORCHID CLOSE 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
2013 10 JUL	£330,000	£232,427	42% above HPI
2011 30 AUG	£305,000	£218,290	40% above HPI
2005 8 MAR	£288,000	£190,087	52% above HPI
2002 26 APR	£249,950	£130,992	91% above HPI

4 ORCHID CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The four 4 ORCHID CLOSE sales between April 2002 and July 2013 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 2011 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2013 sale, where it rises to 42% above the HPI. The line then continues to track at 42% above the HPI.

What might 4 ORCHID CLOSE be worth now?

4 ORCHID CLOSE might now be worth an estimated £584,540.

This is based on house price inflation of 77.1%, between July 2013 and May 2026, for terraced 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 77.1% inflationary increase is applied to the most recent sale price for 4 ORCHID CLOSE of £330,000 on 10th July 2013. For the value to have increased from £330,000 to £584,540 over the thirteen years and two months to May 2026, the following assumptions must hold true:

• The value of 4 ORCHID CLOSE has moved in line with the HPI for terraced houses in the Welwyn Hatfield local authority area.
• The July 2013 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ORCHID CLOSE has not materially changed since July 2013.

How Large is 4 ORCHID CLOSE?

4 ORCHID CLOSE is 125m² according to the EPC inspection conducted in December 2010. This puts it in the smallest 50% of terraced houses houses in Hatfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hatfield, and where 4 ORCHID CLOSE lies on this distribution: 41% of terraced houses houses are smaller than 4 ORCHID CLOSE, and 57% of houses are larger. Note that EPC data is not available for all properties in Hatfield.

4 ORCHID CLOSE: Plot and Title Map

4 ORCHID CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 4 ORCHID 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 4 ORCHID 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 4 ORCHID CLOSE?

4 ORCHID CLOSE is located in HATFIELD, in the AL10 postcode district. The below map shows the position of No. 4 on ORCHID CLOSE.