2, MARKHAM CLOSE, BOREHAMWOOD, WD6 4PQ - £940,000

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 MARKHAM CLOSE is a midsized extended detached house of 151m², built sometime between 1996 and 2002. It was last sold for £940,000 in December 2021, which was around 14% below the average December 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.

2 MARKHAM CLOSE Sold Prices

Land registry data shows two sales for 2 MARKHAM 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 MARKHAM 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 14 DEC	£940,000	£1,088,210	14% below HPI
1999 26 JAN	£265,000	£249,555	6% above HPI

2 MARKHAM 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 MARKHAM CLOSE sales from January 1999 and December 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 January 1999 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the December 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 2 MARKHAM CLOSE?

2 MARKHAM CLOSE is 151m², which includes one extension, according to the EPC inspection conducted in February 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 MARKHAM CLOSE lies on this distribution: 44% of detached houses are smaller than 2 MARKHAM CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

2 MARKHAM CLOSE: Plot and Title Map

2 MARKHAM CLOSE sits on a plot of roughly 0.084 of an acre, or 342m². The below map shows the location of 2 MARKHAM 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 MARKHAM 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 MARKHAM CLOSE?

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