2, CHESTER CLOSE, POTTERS BAR, EN6 1DT - £700,000

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

2 CHESTER CLOSE is a midsized detached house of 117m², built sometime between 1996 and 2002. It was last sold for £700,000 in August 2016, which was around 12% below the average August 2016 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was June 2015, where the current energy rating was C, and the potential energy rating was B.

2 CHESTER CLOSE Sold Prices

Land registry data shows three sales for 2 CHESTER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. One of the three 2 CHESTER CLOSE sales was for below the average price, whilst two were for above 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
2016 12 AUG	£700,000	£791,196	12% below HPI
2011 12 DEC	£580,000	£526,486	10% above HPI
2008 12 JUN	£535,000	£513,684	4% above HPI

2 CHESTER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The three 2 CHESTER CLOSE sales between June 2008 and August 2016 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 December 2011 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the August 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 2 CHESTER CLOSE?

2 CHESTER CLOSE is 117m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 50% 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 2 CHESTER CLOSE lies on this distribution: 43% of detached houses are smaller than 2 CHESTER CLOSE, and 56% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

2 CHESTER CLOSE: Plot and Title Map

2 CHESTER CLOSE sits on a plot of roughly 0.129 of an acre, or 522m². The below map shows the location of 2 CHESTER 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 2 CHESTER 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 2 CHESTER CLOSE?

2 CHESTER CLOSE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 2 on CHESTER CLOSE.