21, THE DRIVE, POTTERS BAR, EN6 2AP - £600,000

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 THE DRIVE is a very small extended detached house of 79m², built sometime between 1930 and 1949. It was last sold for £600,000 in March 2021, which was around 40% below the average March 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was B.

21 THE DRIVE Sold Prices

Land registry data shows four sales for 21 THE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the four 21 THE DRIVE 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
2021 9 MAR	£600,000	£996,930	40% below HPI
2011 23 JUN	£445,000	£586,926	24% below HPI
2004 2 SEP	£400,000	£499,897	20% below HPI
2001 17 OCT	£249,950	£396,108	37% below HPI

21 THE DRIVE 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 four 21 THE DRIVE sales between October 2001 and March 2021 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 June 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 21 THE DRIVE?

21 THE DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% 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 THE DRIVE lies on this distribution: 9% of detached houses are smaller than 21 THE DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

21 THE DRIVE: Plot and Title Map

21 THE DRIVE sits on a plot of roughly 0.133 of an acre, or 537m². The below map shows the location of 21 THE DRIVE, 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 THE DRIVE). 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 THE DRIVE?

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