15, MORVEN CLOSE, POTTERS BAR, EN6 5HE - £570,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MORVEN CLOSE is a midsized detached house of 128m², built sometime between 1950 and 1966, which could now be worth an estimated £769,427. It was last sold for £570,000 in September 2014, which was around 33% below the average September 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

15 MORVEN CLOSE Sold Prices

Land registry data shows two sales for 15 MORVEN 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 15 MORVEN 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
2014 10 SEP	£570,000	£850,333	33% below HPI
1996 28 AUG	£159,000	£195,511	19% below HPI

15 MORVEN 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 15 MORVEN CLOSE sales from August 1996 and September 2014 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 August 1996 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 15 MORVEN CLOSE be worth now?

15 MORVEN CLOSE might now be worth an estimated £769,427.

This is based on house price inflation of 35%, between September 2014 and December 2024, 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 35% inflationary increase is applied to the most recent sale price for 15 MORVEN CLOSE of £570,000 on 10th September 2014. For the value to have increased from £570,000 to £769,427 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 15 MORVEN CLOSE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The September 2014 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MORVEN CLOSE has not materially changed since September 2014.

How Large is 15 MORVEN CLOSE?

15 MORVEN CLOSE is 128m² according to the EPC inspection conducted in November 2014. This puts it in the largest 50% 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 15 MORVEN CLOSE lies on this distribution: 53% of detached houses houses are smaller than 15 MORVEN CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

15 MORVEN CLOSE: Plot and Title Map

15 MORVEN CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 15 MORVEN 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 15 MORVEN 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 15 MORVEN CLOSE?

15 MORVEN CLOSE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 15 on MORVEN CLOSE.