12, THE BYWAY, POTTERS BAR, EN6 2LW - £600,000

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

12 THE BYWAY is a small extended detached house of 103m², built sometime between 1900 and 1929. It was last sold for £600,000 in February 2023, which was around 46% below the average February 2023 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

12 THE BYWAY Sold Prices

Land registry data shows three sales for 12 THE BYWAY 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 12 THE BYWAY 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
2023 3 FEB	£600,000	£1,108,649	46% below HPI
2000 24 NOV	£299,950	£358,554	16% below HPI
1999 16 JUL	£175,000	£267,311	35% below HPI

12 THE BYWAY 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 12 THE BYWAY sales between July 1999 and February 2023 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 November 2000 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the February 2023 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 12 THE BYWAY?

12 THE BYWAY is 103m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the smallest 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 12 THE BYWAY lies on this distribution: 32% of detached houses are smaller than 12 THE BYWAY, and 68% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

12 THE BYWAY: Plot and Title Map

12 THE BYWAY sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 12 THE BYWAY, 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 12 THE BYWAY). 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 12 THE BYWAY?

12 THE BYWAY is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 12 on THE BYWAY.