37, ELMFIELD ROAD, POTTERS BAR, EN6 2JJ - £475,000

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

37 ELMFIELD ROAD is a very small detached house of 81m², built sometime between 1950 and 1966. It was last sold for £475,000 in July 2013, which was around 36% below the average July 2013 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was B.

37 ELMFIELD ROAD Sold Prices

Land registry data shows three sales for 37 ELMFIELD 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. All of the three 37 ELMFIELD 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
2013 23 JUL	£475,000	£740,414	36% below HPI
2007 29 JUN	£385,000	£606,126	36% below HPI
2003 15 JUL	£256,500	£516,923	50% below HPI

37 ELMFIELD 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 37 ELMFIELD ROAD sales between July 2003 and July 2013 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 June 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the July 2013 sale, which was also at 36% below the HPI.

What might 37 ELMFIELD ROAD be worth now?

37 ELMFIELD ROAD might now be worth an estimated £736,377.

This is based on house price inflation of 55%, between July 2013 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 55% inflationary increase is applied to the most recent sale price for 37 ELMFIELD ROAD of £475,000 on 23rd July 2013. For the value to have increased from £475,000 to £736,377 over the ten years and seven months to December 2024, the following assumptions must hold true:

• The value of 37 ELMFIELD ROAD has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The July 2013 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 37 ELMFIELD ROAD has not materially changed since July 2013.

How Large is 37 ELMFIELD ROAD?

37 ELMFIELD ROAD is 81m² according to the EPC inspection conducted in March 2013. This puts it in the smallest 20% 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 37 ELMFIELD ROAD lies on this distribution: 12% of detached houses houses are smaller than 37 ELMFIELD ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

37 ELMFIELD ROAD: Plot and Title Map

37 ELMFIELD ROAD sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 37 ELMFIELD 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 37 ELMFIELD 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 37 ELMFIELD ROAD?

37 ELMFIELD ROAD is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 37 on ELMFIELD ROAD.