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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

34 NICHOLAS ROAD is a midsized extended detached house of 159m², built sometime between 1967 and 1975, which could now be worth an estimated £975,291. It was last sold for £1,040,000 in April 2023, which was around 17% 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. Two of the three 34 NICHOLAS ROAD sales were for below the average price, whilst one was 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	£1,250,880	17% below HPI
2006 6 JUL	£535,000	£548,455	2% below HPI
1998 9 FEB	£285,000	£254,299	12% 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 34 NICHOLAS ROAD be worth now?

34 NICHOLAS ROAD might now be worth an estimated £975,291.

This is based on house price deflation of 6.2%, between April 2023 and February 2025, 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 6.2% deflationary decrease is applied to the most recent sale price for 34 NICHOLAS ROAD of £1,040,000 on 28th April 2023. For the value to have decreased from £1,040,000 to £975,291 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 34 NICHOLAS ROAD has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The April 2023 sale price of £1,040,000 represented a fair market value for the property.
• The size, condition, and specification of 34 NICHOLAS ROAD has not materially changed since April 2023.

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 houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borehamwood, and where 34 NICHOLAS ROAD lies on this distribution: 49% of detached houses houses are smaller than 34 NICHOLAS ROAD, and 51% 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.