1, SPRINGFIELD CLOSE, POTTERS BAR, EN6 4AB - £695,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 SPRINGFIELD CLOSE is a large extended detached house of 138m², built sometime between 1967 and 1975. It was last sold for £695,000 in May 2021, which was around 30% below the average May 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

1 SPRINGFIELD CLOSE Sold Prices

Land registry data shows two sales for 1 SPRINGFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. Both of the two 1 SPRINGFIELD 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
2021 28 MAY	£695,000	£999,167	30% below HPI
2019 10 OCT	£425,000	£958,898	56% below HPI

1 SPRINGFIELD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Hertsmere local authority area over time, sourced from the HPI. The two 1 SPRINGFIELD CLOSE sales from October 2019 and May 2021 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 October 2019 sale was for 56% below the HPI. So the extrapolation line tracks at 56% below the HPI over time, until the May 2021 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 SPRINGFIELD CLOSE?

1 SPRINGFIELD CLOSE is 138m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 40% of detached houses in Potters Bar, based on EPC data. The below chart shows the distribution of detached houses by size in Potters Bar, and where 1 SPRINGFIELD CLOSE lies on this distribution: 62% of detached houses are smaller than 1 SPRINGFIELD CLOSE, and 37% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

1 SPRINGFIELD CLOSE: Plot and Title Map

1 SPRINGFIELD CLOSE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 1 SPRINGFIELD 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 1 SPRINGFIELD 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 1 SPRINGFIELD CLOSE?

1 SPRINGFIELD CLOSE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 1 on SPRINGFIELD CLOSE.