2, ORCHARD CLOSE, ELSTREE, BOREHAMWOOD, WD6 3PR - £1,460,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 ORCHARD CLOSE is a very large extended detached house of 280m², built sometime between 1950 and 1966, which could now be worth an estimated £2,014,097. It was last sold for £1,460,000 in September 2014, which was around 72% above the average September 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was January 2024, where the current energy rating was C, and the potential energy rating was C.

2 ORCHARD CLOSE Sold Prices

Land registry data shows three sales for 2 ORCHARD 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 Hertsmere local authority area for the corresponding sale date. All of the three 2 ORCHARD CLOSE sales 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
2014 30 SEP	£1,460,000	£850,333	72% above HPI
2002 14 MAR	£520,000	£438,228	19% above HPI
1995 21 DEC	£290,000	£186,782	55% above HPI

2 ORCHARD 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 three 2 ORCHARD CLOSE sales between December 1995 and September 2014 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 2002 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the September 2014 sale, where it rises to 72% above the HPI. The line then continues to track at 72% above the HPI.

What might 2 ORCHARD CLOSE be worth now?

2 ORCHARD CLOSE might now be worth an estimated £2,014,097.

This is based on house price inflation of 38%, between September 2014 and February 2025, for detached houses, in the Hertsmere local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38% inflationary increase is applied to the most recent sale price for 2 ORCHARD CLOSE of £1,460,000 on 30th September 2014. For the value to have increased from £1,460,000 to £2,014,097 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 ORCHARD CLOSE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The September 2014 sale price of £1,460,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ORCHARD CLOSE has not materially changed since September 2014.

How Large is 2 ORCHARD CLOSE?

2 ORCHARD CLOSE is 280m², which includes four extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 20% of detached houses houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borehamwood, and where 2 ORCHARD CLOSE lies on this distribution: 87% of detached houses houses are smaller than 2 ORCHARD CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

2 ORCHARD CLOSE: Plot and Title Map

2 ORCHARD CLOSE sits on a plot of roughly 0.279 of an acre, or 1,129m². The below map shows the location of 2 ORCHARD 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 ORCHARD 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 ORCHARD CLOSE?

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