11, THE SPINNEY, POTTERS BAR, EN6 5HH - £445,000

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

11 THE SPINNEY is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £445,000 in January 2015, which was around 43% below the average January 2015 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

11 THE SPINNEY Sold Prices

Land registry data shows three sales for 11 THE SPINNEY 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 11 THE SPINNEY 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
2015 9 JAN	£445,000	£778,830	43% below HPI
2009 10 JUL	£340,000	£518,448	34% below HPI
1996 13 DEC	£135,000	£184,679	27% below HPI

11 THE SPINNEY 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 11 THE SPINNEY sales between December 1996 and January 2015 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 July 2009 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the January 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 11 THE SPINNEY?

11 THE SPINNEY is 74m² according to the EPC inspection conducted in September 2014. 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 11 THE SPINNEY lies on this distribution: 5% of detached houses are smaller than 11 THE SPINNEY, and 95% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

11 THE SPINNEY: Plot and Title Map

11 THE SPINNEY sits on a plot of roughly 0.085 of an acre, or 343m². The below map shows the location of 11 THE SPINNEY, 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 11 THE SPINNEY). 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 11 THE SPINNEY?

11 THE SPINNEY is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 11 on THE SPINNEY.