97, GRESLEY CLOSE, WELWYN GARDEN CITY, AL8 7QA - £325,000

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.

97 GRESLEY CLOSE is a very small terraced house of 46m², built sometime between 1991 and 1995, which could now be worth an estimated £301,882. It was last sold for £325,000 in December 2022, which was around 20% below the average December 2022 terraced price in the Welwyn Hatfield local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was C.

97 GRESLEY CLOSE Sold Prices

Land registry data shows seven sales for 97 GRESLEY CLOSE since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the seven 97 GRESLEY 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
2022 8 DEC	£325,000	£407,463	20% below HPI
2014 12 DEC	£222,500	£270,353	18% below HPI
2006 18 MAY	£76,305	£198,324	62% below HPI
2005 15 JUN	£160,000	£187,071	14% below HPI
2004 10 MAR	£142,000	£179,641	21% below HPI
1997 15 SEP	£68,000	£79,029	14% below HPI
1996 31 MAY	£52,000	£66,305	22% below HPI

97 GRESLEY 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 seven 97 GRESLEY CLOSE sales between May 1996 and December 2022 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 December 2014 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the December 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 97 GRESLEY CLOSE be worth now?

97 GRESLEY CLOSE might now be worth an estimated £301,882.

This is based on house price deflation of 7.1%, between December 2022 and June 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 7.1% deflationary decrease is applied to the most recent sale price for 97 GRESLEY CLOSE of £325,000 on 8th December 2022. For the value to have decreased from £325,000 to £301,882 over the three years and six months to June 2025, the following assumptions must hold true:

• The value of 97 GRESLEY CLOSE has moved in line with the HPI for terraced houses in the Welwyn Hatfield local authority area.
• The December 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 97 GRESLEY CLOSE has not materially changed since December 2022.

How Large is 97 GRESLEY CLOSE?

97 GRESLEY CLOSE is 46m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% 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 97 GRESLEY CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 97 GRESLEY CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Welwyn Garden City.

97 GRESLEY CLOSE: Plot and Title Map

97 GRESLEY CLOSE sits on a plot of roughly 0.007 of an acre, or 28m². The below map shows the location of 97 GRESLEY 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 97 GRESLEY 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 97 GRESLEY CLOSE?

97 GRESLEY CLOSE is located in WELWYN GARDEN CITY, in the AL8 postcode district. The below map shows the position of No. 97 on GRESLEY CLOSE.