2, Mill Green Lane
2, Mill Green Lane
Description & Estimates
2, Mill Green Lane, Hatfield is recorded publicly as a modern freehold house across 1,560 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Mill Green Lane, Hatfield is £707,800 and its rental estimate is £2,850 per month, given the available information and assuming reasonable condition.
Mill Green Lane, Mill Green, Hatfield, AL9 falls within the AL9 postal district, in the borough of Welwyn Hatfield.
Our Data Sources
2, Mill Green Lane, Hatfield has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Mill Green Lane, Hatfield, we estimate a market value of £743,190 and a rental value of £2,993 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £658,254 and £2,651 per month respectively.
Recent Market Change
Over the last year, 2, Mill Green Lane, Hatfield has seen its estimated sale value drop by £147 (0.0%) and its estimated rental value rise by £121 per month (4.2%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
2, Mill Green Lane, Hatfield has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 2, Mill Green Lane, Hatfield completed on 21st August 2023 at £750,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 2.1% over the period since August 2023.
- Sold Aug 2023£750,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Mill Green Lane, Hatfield have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2023, was 4, Mill Green Lane, Hatfield, AL9 5FD, a freehold house which sold for £760,000.
Read more about house prices in AL9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 9 addresses on Mill Green Lane, Mill Green, Hatfield, AL9, 2, Mill Green Lane, Hatfield comes out as the 5th largest and the 3rd most expensive in our analysis of the public data.
It is also £13k less expensive than the average property across the AL9 district.
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Schools Nearby
- 600mThe Ryde School
- 1.4kmCountess Anne Church of England School
- 1.5kmCreswick Academy
- 1.9kmOnslow St Audrey's School
- 2.1kmStanborough School
- 2.3kmBishop's Hatfield Girls' School
More reading links
Public Transport Nearby
From 2, Mill Green Lane, Hatfield, the nearest station is Hatfield (Herts), 1.4 kilometres away.
- 1.4kmHatfield (Herts)
- 3.0kmWelwyn Garden City
- 4.2kmWelham Green
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
