22, THE DRIVE, POTTERS BAR, EN6 2AP - £691,096

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

22 THE DRIVE is a very small detached house of 79m², built sometime between 1930 and 1949, which could now be worth an estimated £662,470. It was last sold for £691,096 in January 2024, which was around 42% 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.

22 THE DRIVE Sold Prices

Land registry data shows two sales for 22 THE DRIVE since 1^st 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	£1,197,440	42% below HPI
2010 14 JUN	£360,000	£639,988	44% below HPI

22 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 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 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the January 2024 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 22 THE DRIVE be worth now?

22 THE DRIVE might now be worth an estimated £662,470.

This is based on house price deflation of 4.1%, between January 2024 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 4.1% deflationary decrease is applied to the most recent sale price for 22 THE DRIVE of £691,096 on 5th January 2024. For the value to have decreased from £691,096 to £662,470 over the one month to December 2024, the following assumptions must hold true:

• The value of 22 THE DRIVE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The January 2024 sale price of £691,096 represented a fair market value for the property.
• The size, condition, and specification of 22 THE DRIVE has not materially changed since January 2024.

How Large is 22 THE DRIVE?

22 THE DRIVE is 79m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses houses in Potters Bar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potters Bar, and where 22 THE DRIVE lies on this distribution: 9% of detached houses 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: Plot and Title Map

22 THE DRIVE sits on a plot of roughly 0.128 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.

Where is 22 THE DRIVE?

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.