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

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 ORCHARD CLOSE is a very large extended detached house of 280m², built sometime between 1950 and 1966. It was last sold for £1,460,000 in September 2014, which was around 89% 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	£774,389	89% above HPI
2002 14 MAR	£520,000	£399,089	30% above HPI
1995 21 DEC	£290,000	£170,101	70% 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 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the September 2014 sale, where it rises to 89% above the HPI. The line then continues to track at 89% above the HPI.

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 in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses by size in Borehamwood, and where 2 ORCHARD CLOSE lies on this distribution: 88% of detached houses are smaller than 2 ORCHARD CLOSE, and 12% 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.