2, THE STABLING, BARNET LANE, ELSTREE, BOREHAMWOOD, WD6 3HJ - £249,950

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 THE STABLING is a very small detached house of 87m², built sometime between 1900 and 1929. It was last sold for £249,950 in April 2005, which was around 49% below the average April 2005 detached price in the Hertsmere local authority area. The most recent EPC inspection was August 2024, where the current energy rating was E, and the potential energy rating was C.

2 THE STABLING Sold Prices

Land registry data shows five sales for 2 THE STABLING since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the five 2 THE STABLING 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
2005 14 APR	£249,950	£493,465	49% below HPI
2005 31 JAN	£246,000	£491,043	50% below HPI
2002 17 SEP	£230,000	£430,631	47% below HPI
2001 21 SEP	£219,950	£392,102	44% below HPI
1999 28 SEP	£165,000	£275,341	40% below HPI

2 THE STABLING 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 five 2 THE STABLING sales between September 1999 and April 2005 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 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the April 2005 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 2 THE STABLING?

2 THE STABLING is 87m² according to the EPC inspection conducted in August 2024. This puts it in the smallest 10% of detached houses in Elstree, based on EPC data. The below chart shows the distribution of detached houses by size in Elstree, and where 2 THE STABLING lies on this distribution: 7% of detached houses are smaller than 2 THE STABLING, and 93% of houses are larger. Note that EPC data is not available for all properties in Elstree.

2 THE STABLING: Plot and Title Map

2 THE STABLING sits on a plot of roughly 0.022 of an acre, or 88m². The below map shows the location of 2 THE STABLING, 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 THE STABLING). 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 THE STABLING?

2 THE STABLING is located on BARNET LANE in ELSTREE, in the WD6 postcode district. The below map shows the position of 2 THE STABLING on BARNET LANE.