21, OAKMERE LANE, POTTERS BAR, EN6 5LT - £565,000

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

21 OAKMERE LANE is a small extended detached house of 99m², built sometime between 1930 and 1949. It was last sold for £565,000 in May 2017, which was around 41% below the average May 2017 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2016, where the current energy rating was E, and the potential energy rating was C.

21 OAKMERE LANE Sold Prices

Land registry data shows three sales for 21 OAKMERE LANE 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 21 OAKMERE LANE 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
2017 11 MAY	£565,000	£950,272	41% below HPI
2002 2 SEP	£325,000	£430,631	25% below HPI
1996 1 APR	£128,000	£167,376	24% below HPI

21 OAKMERE LANE 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 21 OAKMERE LANE sales between April 1996 and May 2017 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 September 2002 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 21 OAKMERE LANE?

21 OAKMERE LANE is 99m², which includes one extension, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% 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 21 OAKMERE LANE lies on this distribution: 26% of detached houses are smaller than 21 OAKMERE LANE, and 72% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

21 OAKMERE LANE: Plot and Title Map

21 OAKMERE LANE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 21 OAKMERE LANE, 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 21 OAKMERE LANE). 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 21 OAKMERE LANE?

21 OAKMERE LANE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 21 on OAKMERE LANE.