28, Spinney Lane
28, Spinney Lane
Description & Estimates
28, Spinney Lane, Welwyn is recorded publicly as an early-century freehold house across 1,905 ft2 of internal area, sitting on a 965 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 28, Spinney Lane, Welwyn is £944,112 and its rental estimate is £2,838 per month, given the available information and assuming reasonable condition.
Spinney Lane, Welwyn, AL6 falls within the AL6 postal district, in the borough of Welwyn Hatfield.
Our Data Sources
28, Spinney Lane, Welwyn has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 28, Spinney Lane, Welwyn, we estimate a market value of £991,318 and a rental value of £2,979 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £878,025 and £2,639 per month respectively.
Recent Market Change
Over the last year, 28, Spinney Lane, Welwyn has seen its estimated sale value drop by £10,904 (1.2%) and its estimated rental value rise by £93 per month (3.3%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for 28, Spinney Lane, Welwyn as measuring 965 m2.
That makes it the 7th largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
28, Spinney Lane, Welwyn has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 28, Spinney Lane, Welwyn completed on 15th November 2018 at £855,000 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 risen by 19.0% over the period since November 2018.
- Sold Nov 2018£855,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 28, Spinney Lane, Welwyn have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th October 2020, was 1A, Darby Drive, Welwyn, AL6 9TE, a freehold house which sold for £875,000.
Read more about house prices in AL6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Spinney Lane, Welwyn, AL6, 28, Spinney Lane, Welwyn comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £157k more expensive than the average property across the AL6 district.
More reading links
Schools Nearby
- 1.4kmSt Michael's Woolmer Green CofE VA Primary School
- 1.4kmKnebworth Primary and Nursery School
- 1.7kmOaklands Primary School
- 4.1kmBarnwell School
- 4.2kmMonk's Walk School
- 5.4kmMarriotts School
More reading links
Public Transport Nearby
From 28, Spinney Lane, Welwyn, the nearest station is Knebworth, 1.3 kilometres away.
- 1.3kmKnebworth
- 3.8kmWelwyn North
- 5.0kmStevenage
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
