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
22 THE DRIVE is a very small detached house of 79m², built sometime between 1930 and 1949. It was last sold for £691,096 in January 2024, which was around 36% below the average January 2024 detached price in the Hertsmere local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 22 THE DRIVE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. Both of the two 22 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 |
---|---|---|---|
2024 5 JAN | £691,096 | £1,078,570 | 36% below HPI |
2010 14 JUN | £360,000 | £582,830 | 38% below HPI |
The below graph shows the average detached house price in the Hertsmere local authority area over time, sourced from the HPI. The two 22 THE DRIVE sales from June 2010 and January 2024 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 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2024 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
22 THE DRIVE is 79m² according to the EPC inspection conducted in January 2023. 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 22 THE DRIVE lies on this distribution: 9% of detached houses are smaller than 22 THE DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.
22 THE DRIVE sits on a plot of roughly 0.127 of an acre, or 516m². The below map shows the location of 22 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 22 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.
22 THE DRIVE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 22 on THE DRIVE.