3, STRAFFORD CLOSE, POTTERS BAR, EN6 1PH - £310,000

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

3 STRAFFORD CLOSE is a very small detached house of 38m², built sometime between 1900 and 1929, which could now be worth an estimated £636,500. It was last sold for £310,000 in February 2009, which was around 45% below the average February 2009 detached price in the Hertsmere local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

3 STRAFFORD CLOSE Sold Prices

Land registry data shows two sales for 3 STRAFFORD CLOSE 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 3 STRAFFORD 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
2009 6 FEB	£310,000	£559,042	45% below HPI
2001 5 OCT	£200,000	£434,954	54% below HPI

3 STRAFFORD CLOSE 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 3 STRAFFORD CLOSE sales from October 2001 and February 2009 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 October 2001 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the February 2009 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 3 STRAFFORD CLOSE be worth now?

3 STRAFFORD CLOSE might now be worth an estimated £636,500.

This is based on house price inflation of 105.3%, between February 2009 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 105.3% inflationary increase is applied to the most recent sale price for 3 STRAFFORD CLOSE of £310,000 on 6th February 2009. For the value to have increased from £310,000 to £636,500 over the fourteen years and two months to December 2024, the following assumptions must hold true:

• The value of 3 STRAFFORD CLOSE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The February 2009 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 3 STRAFFORD CLOSE has not materially changed since February 2009.

How Large is 3 STRAFFORD CLOSE?

3 STRAFFORD CLOSE is 38m² according to the EPC inspection conducted in November 2008. 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 3 STRAFFORD CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 3 STRAFFORD CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

3 STRAFFORD CLOSE: Plot and Title Map

3 STRAFFORD CLOSE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 3 STRAFFORD 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 3 STRAFFORD 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.

Where is 3 STRAFFORD CLOSE?

3 STRAFFORD CLOSE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 3 on STRAFFORD CLOSE.