3, MARKHAM ROAD, CHESHUNT, WALTHAM CROSS, EN7 6WL - £635,000

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

3 MARKHAM ROAD is a midsized extended detached house of 118m², built sometime between 1996 and 2002. It was last sold for £635,000 in October 2021, which was around 19% below the average October 2021 detached price in the Broxbourne local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

3 MARKHAM ROAD Sold Prices

Land registry data shows three sales for 3 MARKHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. All of the three 3 MARKHAM ROAD 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 15 OCT	£635,000	£786,702	19% below HPI
2006 7 FEB	£320,000	£399,111	20% below HPI
2000 12 JUN	£215,000	£244,919	12% below HPI

3 MARKHAM ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The three 3 MARKHAM ROAD sales between June 2000 and October 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 February 2006 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 3 MARKHAM ROAD?

3 MARKHAM ROAD is 118m², which includes two extensions, according to the EPC inspection conducted in May 2021. This puts it in the smallest 50% of detached houses in Cheshunt, based on EPC data. The below chart shows the distribution of detached houses by size in Cheshunt, and where 3 MARKHAM ROAD lies on this distribution: 46% of detached houses are smaller than 3 MARKHAM ROAD, and 53% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

3 MARKHAM ROAD: Plot and Title Map

3 MARKHAM ROAD sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 3 MARKHAM ROAD, 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 3 MARKHAM ROAD). 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 3 MARKHAM ROAD?

3 MARKHAM ROAD is located in CHESHUNT, in the EN7 postcode district. The below map shows the position of No. 3 on MARKHAM ROAD.