496, HOWLANDS, WELWYN GARDEN CITY, AL7 4HA - £360,000

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.

496 HOWLANDS is a very small extended terraced house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £406,573. It was last sold for £360,000 in July 2020, which was around 4% above the average July 2020 terraced price in the Welwyn Hatfield local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

496 HOWLANDS Sold Prices

Land registry data shows two sales for 496 HOWLANDS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Welwyn Hatfield local authority area for the corresponding sale date. One of the two 496 HOWLANDS sales was for above the average price, whilst the other was roughly equal to 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
2020 17 JUL	£360,000	£347,435	4% above HPI
2007 11 MAY	£214,000	£214,377	Close to HPI

496 HOWLANDS 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 two 496 HOWLANDS sales from May 2007 and July 2020 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 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the July 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 496 HOWLANDS be worth now?

496 HOWLANDS might now be worth an estimated £406,573.

This is based on house price inflation of 12.9%, between July 2020 and July 2025, 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 12.9% inflationary increase is applied to the most recent sale price for 496 HOWLANDS of £360,000 on 17th July 2020. For the value to have increased from £360,000 to £406,573 over the five years to July 2025, the following assumptions must hold true:

• The value of 496 HOWLANDS has moved in line with the HPI for terraced houses in the Welwyn Hatfield local authority area.
• The July 2020 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 496 HOWLANDS has not materially changed since July 2020.

How Large is 496 HOWLANDS?

496 HOWLANDS is 96m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of terraced houses houses in Welwyn Garden City, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Welwyn Garden City, and where 496 HOWLANDS lies on this distribution: 19% of terraced houses houses are smaller than 496 HOWLANDS, and 80% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

496 HOWLANDS: Plot and Title Map

496 HOWLANDS sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 496 HOWLANDS, 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 496 HOWLANDS). 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 496 HOWLANDS?

496 HOWLANDS is located in WELWYN GARDEN CITY, in the AL7 postcode district. The below map shows the position of No. 496 on HOWLANDS.