34, NICHOLAS ROAD, ELSTREE, BOREHAMWOOD, WD6 3JY - £1,040,000

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

34 NICHOLAS ROAD is a midsized extended detached house of 159m², built sometime between 1967 and 1975. It was last sold for £1,040,000 in April 2023, which was around 9% below the average April 2023 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

34 NICHOLAS ROAD Sold Prices

Land registry data shows three sales for 34 NICHOLAS 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 Hertsmere local authority area for the corresponding sale date. One of the three 34 NICHOLAS ROAD sales was for below the average price, whilst two were for above 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
2023 28 APR	£1,040,000	£1,139,159	9% below HPI
2006 6 JUL	£535,000	£499,472	7% above HPI
1998 9 FEB	£285,000	£231,588	23% above HPI

34 NICHOLAS ROAD 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 three 34 NICHOLAS ROAD sales between February 1998 and April 2023 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 July 2006 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the April 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 34 NICHOLAS ROAD?

34 NICHOLAS ROAD is 159m², which includes one extension, according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses by size in Borehamwood, and where 34 NICHOLAS ROAD lies on this distribution: 49% of detached houses are smaller than 34 NICHOLAS ROAD, and 50% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

34 NICHOLAS ROAD: Plot and Title Map

34 NICHOLAS ROAD sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 34 NICHOLAS 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 34 NICHOLAS 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 34 NICHOLAS ROAD?

34 NICHOLAS ROAD is located in ELSTREE, in the WD6 postcode district. The below map shows the position of No. 34 on NICHOLAS ROAD.