42, Mill Lane
42, Mill Lane
Description & Estimates
The public record lists 42, Mill Lane, Welwyn as a freehold house sitting on a 267 m2 plot.
Comparison with its neighbours suggests a period house with 1,407 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
42, Mill Lane, Welwyn has an estimated sale value of £661,150 and an estimated rental value of £2,679 per month, assuming reasonable condition and based on the information available.
Mill Lane, Welwyn, AL6 lies in the borough of Welwyn Hatfield, within the AL6 postal district.
Our Data Sources
42, Mill Lane, Welwyn has 41 entries in the Land Registry , most recently in March 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 42, Mill Lane, Welwyn would be worth £694,207, with a potential rental value of £2,813 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £614,869, with a rental value of £2,491 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 42, Mill Lane, Welwyn has dropped by £7,636 (1.2%) over the last year. During the same period, its estimated monthly rental value has risen by £88 (3.3%). The property's estimated gross yield is currently 4.9%.
Plot Size
42, Mill Lane, Welwyn occupies a 267 m2 plot as recorded by HM Land Registry.
Of the 19 other houses in this postcode, 18 have recorded plot sizes, and this one ranks as the 3rd largest.
Sold Prices
42, Mill Lane, Welwyn last changed hands on 29th March 2017, selling for £536,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 22.3% since March 2017.
- Sold Mar 2017£536,000
- Sold Nov 2007£337,500
- Sold May 1998£154,669
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 42, Mill Lane, Welwyn across the last 2 years.
Most recently, 24, Mill Lane, Welwyn, AL6 9ET, a freehold house, sold at £690,000 on the 31st October 2024.
Read more about house prices in AL6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Agents in our network have reported 1 letting within 1.2 kilometres of 42, Mill Lane, Welwyn across the last 2 years.
The newest of these is 5, Wilga Road, Welwyn, AL6 9PT, a freehold house let by Collinson Hall in November 2023.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Our analysis of the public data ranks 42, Mill Lane, Welwyn as the 14th largest and the 14th most expensive of the 47 addresses on Mill Lane, Welwyn, AL6.
Against the AL6 postcode district average, it is £126k less expensive than the typical property.
More reading links
Schools Nearby
- 500mWelwyn St Mary's Church of England Voluntary Aided Primary School
- 1.6kmOaklands Primary School
- 1.7kmHomerswood Primary and Nursery School
- 1.2kmMonk's Walk School
- 4.0kmRidgeway Academy
- 4.5kmStanborough School
More reading links
Public Transport Nearby
Welwyn North station is the nearest stop to 42, Mill Lane, Welwyn at 1.7 kilometres away.
- 1.7kmWelwyn North
- 3.4kmWelwyn Garden City
- 4.4kmKnebworth
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
