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
25 LEXINGTON CLOSE is a small extended detached house of 128m², built sometime between 1976 and 1982. It was last sold for £737,000 in August 2017, which was around 23% below the average August 2017 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 25 LEXINGTON CLOSE since 1st 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 25 LEXINGTON CLOSE 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 1 AUG | £737,000 | £951,726 | 23% below HPI |
2007 25 MAY | £362,000 | £547,314 | 34% below HPI |
2005 17 NOV | £240,000 | £499,269 | 52% below HPI |
The below graph shows the average detached house price in the Hertsmere local authority area over time, sourced from the HPI. The three 25 LEXINGTON CLOSE sales between November 2005 and August 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 May 2007 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the August 2017 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.
25 LEXINGTON CLOSE is 128m², which includes two extensions, according to the EPC inspection conducted in September 2016. This puts it in the smallest 40% of detached houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses by size in Borehamwood, and where 25 LEXINGTON CLOSE lies on this distribution: 33% of detached houses are smaller than 25 LEXINGTON CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.
25 LEXINGTON CLOSE sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 25 LEXINGTON CLOSE, 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 25 LEXINGTON CLOSE). 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.
25 LEXINGTON CLOSE is located in BOREHAMWOOD, in the WD6 postcode district. The below map shows the position of No. 25 on LEXINGTON CLOSE.