2, CLARE CLOSE, ELSTREE, BOREHAMWOOD, WD6 3NJ - £1,025,000

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

2 CLARE CLOSE is a midsized detached house of 158m², built sometime between 1976 and 1982. It was last sold for £1,025,000 in October 2021, which was around 6% below the average October 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

2 CLARE CLOSE Sold Prices

Land registry data shows two sales for 2 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. One of the two 2 CLARE CLOSE sales was for below the average price, whilst the other was 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
2021 29 OCT	£1,025,000	£1,087,310	6% below HPI
1996 31 JUL	£215,000	£174,133	23% above HPI

2 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 2 CLARE CLOSE sales from July 1996 and October 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 July 1996 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the October 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 2 CLARE CLOSE?

2 CLARE CLOSE is 158m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% of detached houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses by size in Borehamwood, and where 2 CLARE CLOSE lies on this distribution: 48% of detached houses are smaller than 2 CLARE CLOSE, and 51% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

2 CLARE CLOSE: Plot and Title Map

2 CLARE CLOSE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 2 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 2 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 2 CLARE CLOSE?

2 CLARE CLOSE is located in ELSTREE, in the WD6 postcode district. The below map shows the position of No. 2 on CLARE CLOSE.