5, DEVON MEAD, HATFIELD, AL10 9GD - £419,000

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.

5 DEVON MEAD is a very small detached house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £497,456. It was last sold for £419,000 in June 2018, which was around 49% below the average June 2018 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was C.

5 DEVON MEAD Sold Prices

Land registry data shows three sales for 5 DEVON MEAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three 5 DEVON MEAD 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
2018 25 JUN	£419,000	£826,118	49% below HPI
2010 2 JUL	£299,950	£551,610	46% below HPI
2004 21 MAR	£284,500	£455,437	38% below HPI

5 DEVON MEAD 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 three 5 DEVON MEAD sales between March 2004 and June 2018 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 July 2010 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the June 2018 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

What might 5 DEVON MEAD be worth now?

5 DEVON MEAD might now be worth an estimated £497,456.

This is based on house price inflation of 18.7%, between June 2018 and April 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 18.7% inflationary increase is applied to the most recent sale price for 5 DEVON MEAD of £419,000 on 25th June 2018. For the value to have increased from £419,000 to £497,456 over the eight years and two months to April 2026, the following assumptions must hold true:

• The value of 5 DEVON MEAD has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The June 2018 sale price of £419,000 represented a fair market value for the property.
• The size, condition, and specification of 5 DEVON MEAD has not materially changed since June 2018.

How Large is 5 DEVON MEAD?

5 DEVON MEAD is 85m² according to the EPC inspection conducted in March 2010. This puts it in the smallest 10% of detached houses houses in Hatfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hatfield, and where 5 DEVON MEAD lies on this distribution: 9% of detached houses houses are smaller than 5 DEVON MEAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Hatfield.

5 DEVON MEAD: Plot and Title Map

5 DEVON MEAD sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 5 DEVON MEAD, 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 5 DEVON MEAD). 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 5 DEVON MEAD?

5 DEVON MEAD is located in HATFIELD, in the AL10 postcode district. The below map shows the position of No. 5 on DEVON MEAD.