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

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.

1 SPRINGFIELD CLOSE is a large extended detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £743,073. It was last sold for £695,000 in May 2021, which was around 37% 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	£1,097,160	37% below HPI
2019 10 OCT	£425,000	£1,052,940	60% 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 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the May 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 1 SPRINGFIELD CLOSE be worth now?

1 SPRINGFIELD CLOSE might now be worth an estimated £743,073.

This is based on house price inflation of 6.9%, between May 2021 and February 2025, for detached houses, in the Hertsmere local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.9% inflationary increase is applied to the most recent sale price for 1 SPRINGFIELD CLOSE of £695,000 on 28th May 2021. For the value to have increased from £695,000 to £743,073 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 1 SPRINGFIELD CLOSE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The May 2021 sale price of £695,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGFIELD CLOSE has not materially changed since May 2021.

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 houses in Potters Bar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potters Bar, and where 1 SPRINGFIELD CLOSE lies on this distribution: 62% of detached houses 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 0.085 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.