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 FURZEHILL ROAD is a very small detached house of 88m², built sometime between 1930 and 1949. It was last sold for £600,000 in February 2016, which was around 34% below the average February 2016 detached price in the Hertsmere local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows two sales for 2 FURZEHILL ROAD since 1st 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 2 FURZEHILL ROAD 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 |
---|---|---|---|
2016 9 FEB | £600,000 | £907,481 | 34% below HPI |
2013 15 NOV | £380,000 | £671,421 | 43% below HPI |
The below graph shows the average detached house price in the Hertsmere local authority area over time, sourced from the HPI. The two 2 FURZEHILL ROAD sales from November 2013 and February 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 November 2013 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2016 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
2 FURZEHILL ROAD is 88m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% 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 FURZEHILL ROAD lies on this distribution: 11% of detached houses are smaller than 2 FURZEHILL ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.
2 FURZEHILL ROAD sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 2 FURZEHILL ROAD, 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 FURZEHILL ROAD). 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.
2 FURZEHILL ROAD is located in BOREHAMWOOD, in the WD6 postcode district. The below map shows the position of No. 2 on FURZEHILL ROAD.