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

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 THE STABLING is a very small detached house of 87m², built sometime between 1900 and 1929, which could now be worth an estimated £529,478. It was last sold for £249,950 in April 2005, which was around 54% 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	£541,859	54% below HPI
2005 31 JAN	£246,000	£539,200	54% below HPI
2002 17 SEP	£230,000	£472,862	51% below HPI
2001 21 SEP	£219,950	£430,556	49% below HPI
1999 28 SEP	£165,000	£302,343	45% 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 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the April 2005 sale, which was also at 54% below the HPI.

What might 2 THE STABLING be worth now?

2 THE STABLING might now be worth an estimated £529,478.

This is based on house price inflation of 111.8%, between April 2005 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 111.8% inflationary increase is applied to the most recent sale price for 2 THE STABLING of £249,950 on 14th April 2005. For the value to have increased from £249,950 to £529,478 over the eighteen years and four months to December 2024, the following assumptions must hold true:

• The value of 2 THE STABLING has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The April 2005 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 2 THE STABLING has not materially changed since April 2005.

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 houses in Elstree, based on EPC data. The below chart shows the distribution of detached houses houses by size in Elstree, and where 2 THE STABLING lies on this distribution: 7% of detached houses 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.