9, OAKLEA, WELWYN, AL6 0PT - £585,000

9 OAKLEA is a very small extended detached house of 119m², built sometime between 1967 and 1975. It was last sold for £585,000 in May 2011, which was around 9% above the average May 2011 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2010, where the current energy rating was D, and the potential energy rating was D.

9 OAKLEA Sold Prices

Land registry data shows two sales for 9 OAKLEA 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. One of the two 9 OAKLEA sales was for above the average price, whilst the other was 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
2011 31 MAY	£585,000	£536,452	9% above HPI
2004 22 APR	£323,000	£439,445	26% below HPI

9 OAKLEA 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 9 OAKLEA sales from April 2004 and May 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 April 2004 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the May 2011 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 9 OAKLEA?

9 OAKLEA is 119m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the smallest 20% of detached houses in Oaklands, based on EPC data. The below chart shows the distribution of detached houses by size in Oaklands, and where 9 OAKLEA lies on this distribution: 19% of detached houses are smaller than 9 OAKLEA, and 81% of houses are larger. Note that EPC data is not available for all properties in Oaklands.

9 OAKLEA: Plot and Title Map

9 OAKLEA sits on a plot of roughly 0.201 of an acre, or 812m². The below map shows the location of 9 OAKLEA, 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 9 OAKLEA). 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 9 OAKLEA?

9 OAKLEA is located in WELWYN, in the AL6 postcode district. The below map shows the position of No. 9 on OAKLEA.