5, HAZEL CLOSE, WELWYN, AL6 0DJ - £465,000

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 HAZEL CLOSE is a small extended detached house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £736,972. It was last sold for £465,000 in February 2014, which was around 21% below the average February 2014 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

5 HAZEL CLOSE Sold Prices

Land registry data shows two sales for 5 HAZEL CLOSE 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 5 HAZEL CLOSE 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
2014 14 FEB	£465,000	£591,816	21% below HPI
2002 12 JUL	£265,000	£389,161	32% below HPI

5 HAZEL CLOSE 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 5 HAZEL CLOSE sales from July 2002 and February 2014 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 2002 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2014 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 5 HAZEL CLOSE be worth now?

5 HAZEL CLOSE might now be worth an estimated £736,972.

This is based on house price inflation of 58.5%, between February 2014 and February 2025, 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 58.5% inflationary increase is applied to the most recent sale price for 5 HAZEL CLOSE of £465,000 on 14th February 2014. For the value to have increased from £465,000 to £736,972 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 5 HAZEL CLOSE has moved in line with the HPI for detached houses in the Welwyn Hatfield local authority area.
• The February 2014 sale price of £465,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HAZEL CLOSE has not materially changed since February 2014.

How Large is 5 HAZEL CLOSE?

5 HAZEL CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in March 2013. This puts it in the smallest 30% 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 5 HAZEL CLOSE lies on this distribution: 30% of detached houses houses are smaller than 5 HAZEL CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

5 HAZEL CLOSE: Plot and Title Map

5 HAZEL CLOSE sits on a plot of roughly 0.141 of an acre, or 570m². The below map shows the location of 5 HAZEL 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 5 HAZEL 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 5 HAZEL CLOSE?

5 HAZEL CLOSE is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 5 on HAZEL CLOSE.