16, OLD GROVE CLOSE, CHESHUNT, WALTHAM CROSS, EN7 6UN - £693,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

16 OLD GROVE CLOSE is a very large extended detached house of 150m², built sometime between 1991 and 1995. It was last sold for £693,000 in February 2021, which was around 7% below the average February 2021 detached price in the Broxbourne local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

16 OLD GROVE CLOSE Sold Prices

Land registry data shows four sales for 16 OLD GROVE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. All of the four 16 OLD GROVE 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 3 FEB	£693,000	£749,151	7% below HPI
2005 18 MAR	£371,000	£402,913	8% below HPI
2001 19 JAN	£250,000	£259,670	4% below HPI
2000 2 MAY	£217,950	£240,381	9% below HPI

16 OLD GROVE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The four 16 OLD GROVE CLOSE sales between May 2000 and February 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 March 2005 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 16 OLD GROVE CLOSE?

16 OLD GROVE CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses in Cheshunt, based on EPC data. The below chart shows the distribution of detached houses by size in Cheshunt, and where 16 OLD GROVE CLOSE lies on this distribution: 80% of detached houses are smaller than 16 OLD GROVE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

16 OLD GROVE CLOSE: Plot and Title Map

16 OLD GROVE CLOSE sits on a plot of roughly 0.075 of an acre, or 305m². The below map shows the location of 16 OLD GROVE 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 OLD GROVE 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 OLD GROVE CLOSE?

16 OLD GROVE CLOSE is located in CHESHUNT, in the EN7 postcode district. The below map shows the position of No. 16 on OLD GROVE CLOSE.