16, CLARE CLOSE, ELSTREE, BOREHAMWOOD, WD6 3NJ - £720,000

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

16 CLARE CLOSE is a midsized detached house of 162m², built sometime between 1983 and 1990, which could now be worth an estimated £1,073,890. It was last sold for £720,000 in May 2014, which was around 8% below the average May 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was B.

16 CLARE CLOSE Sold Prices

Land registry data shows two sales for 16 CLARE 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 16 CLARE 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 13 MAY	£720,000	£786,483	8% below HPI
2006 11 AUG	£500,000	£555,468	10% below HPI

16 CLARE 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 16 CLARE CLOSE sales from August 2006 and May 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 2006 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2014 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 16 CLARE CLOSE be worth now?

16 CLARE CLOSE might now be worth an estimated £1,073,890.

This is based on house price inflation of 49.2%, between May 2014 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 49.2% inflationary increase is applied to the most recent sale price for 16 CLARE CLOSE of £720,000 on 13th May 2014. For the value to have increased from £720,000 to £1,073,890 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 16 CLARE CLOSE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The May 2014 sale price of £720,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CLARE CLOSE has not materially changed since May 2014.

How Large is 16 CLARE CLOSE?

16 CLARE CLOSE is 162m² according to the EPC inspection conducted in February 2013. This puts it in the largest 50% of detached houses houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borehamwood, and where 16 CLARE CLOSE lies on this distribution: 51% of detached houses houses are smaller than 16 CLARE CLOSE, and 49% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

16 CLARE CLOSE: Plot and Title Map

16 CLARE CLOSE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 16 CLARE 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 16 CLARE 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 16 CLARE CLOSE?

16 CLARE CLOSE is located in ELSTREE, in the WD6 postcode district. The below map shows the position of No. 16 on CLARE CLOSE.