2, PARK CRESCENT, ELSTREE, BOREHAMWOOD, WD6 3PU - £1,350,000

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 PARK CRESCENT is a large detached house of 226m², built sometime between 2003 and 2006, which could now be worth an estimated £1,444,322. It was last sold for £1,350,000 in January 2018, which was around 26% above the average January 2018 detached price in the Hertsmere local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

2 PARK CRESCENT Sold Prices

Land registry data shows two sales for 2 PARK CRESCENT 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 PARK CRESCENT sales was for above the average price, whilst the other was 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
2018 29 JAN	£1,350,000	£1,072,880	26% above HPI
2004 12 JAN	£465,000	£524,092	11% below HPI

2 PARK CRESCENT 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 PARK CRESCENT sales from January 2004 and January 2018 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 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the January 2018 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 2 PARK CRESCENT be worth now?

2 PARK CRESCENT might now be worth an estimated £1,444,322.

This is based on house price inflation of 7%, between January 2018 and December 2024, 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 7% inflationary increase is applied to the most recent sale price for 2 PARK CRESCENT of £1,350,000 on 29th January 2018. For the value to have increased from £1,350,000 to £1,444,322 over the five years and one month to December 2024, the following assumptions must hold true:

• The value of 2 PARK CRESCENT has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The January 2018 sale price of £1,350,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PARK CRESCENT has not materially changed since January 2018.

How Large is 2 PARK CRESCENT?

2 PARK CRESCENT is 226m² according to the EPC inspection conducted in July 2014. This puts it in the largest 30% 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 PARK CRESCENT lies on this distribution: 78% of detached houses houses are smaller than 2 PARK CRESCENT, and 22% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

2 PARK CRESCENT: Plot and Title Map

2 PARK CRESCENT sits on a plot of roughly 0.175 of an acre, or 710m². The below map shows the location of 2 PARK CRESCENT, 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 PARK CRESCENT). 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 PARK CRESCENT?

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