2, RICHMOND ROAD, POTTERS BAR, EN6 1HW - £468,950

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 RICHMOND ROAD is a very small extended detached house of 80m², built sometime before 1900. It was last sold for £468,950 in December 2015, which was around 46% below the average December 2015 detached price in the Hertsmere local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was C.

2 RICHMOND ROAD Sold Prices

Land registry data shows three sales for 2 RICHMOND ROAD 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 RICHMOND 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
2015 8 DEC	£468,950	£876,150	46% below HPI
2004 12 FEB	£250,000	£477,424	48% below HPI
1999 21 OCT	£189,000	£277,656	32% below HPI

2 RICHMOND ROAD 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 RICHMOND ROAD sales between October 1999 and December 2015 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 February 2004 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2015 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 2 RICHMOND ROAD?

2 RICHMOND ROAD is 80m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% of detached houses in Potters Bar, based on EPC data. The below chart shows the distribution of detached houses by size in Potters Bar, and where 2 RICHMOND ROAD lies on this distribution: 11% of detached houses are smaller than 2 RICHMOND ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

2 RICHMOND ROAD: Plot and Title Map

2 RICHMOND ROAD sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 2 RICHMOND 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 RICHMOND 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.

Where is 2 RICHMOND ROAD?

2 RICHMOND ROAD is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 2 on RICHMOND ROAD.