10, THE CLOSE, POTTERS BAR, EN6 2HY - £520,000

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

10 THE CLOSE is a very small detached house of 65m², built sometime between 1930 and 1949. It was last sold for £520,000 in January 2021, which was around 48% below the average January 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

10 THE CLOSE Sold Prices

Land registry data shows three sales for 10 THE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the three 10 THE 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 21 JAN	£520,000	£1,001,544	48% below HPI
2014 24 OCT	£410,000	£779,403	47% below HPI
2002 8 MAY	£229,500	£411,467	44% below HPI

10 THE 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 three 10 THE CLOSE sales between May 2002 and January 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 2014 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the January 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 10 THE CLOSE?

10 THE CLOSE is 65m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% 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 10 THE CLOSE lies on this distribution: 2% of detached houses are smaller than 10 THE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

10 THE CLOSE: Plot and Title Map

10 THE CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 10 THE 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 10 THE 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 10 THE CLOSE?

10 THE CLOSE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 10 on THE CLOSE.