38, THE DRIVE, POTTERS BAR, EN6 2AR - £565,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

38 THE DRIVE is a very small semi-detached house of 75m², built sometime between 1930 and 1949. It was last sold for £565,000 in September 2021, which was around 48% below the average September 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

38 THE DRIVE Sold Prices

Land registry data shows three sales for 38 THE DRIVE 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 38 THE DRIVE 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 27 SEP	£565,000	£1,089,620	48% below HPI
2007 10 AUG	£372,500	£578,052	36% below HPI
2006 8 SEP	£300,000	£510,705	41% below HPI

38 THE DRIVE 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 38 THE DRIVE sales between September 2006 and September 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 August 2007 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2021 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 38 THE DRIVE?

38 THE DRIVE is 75m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 10% of detached houses in Potters Bar, based on EPC data. The below chart shows the distribution of detached houses by size in Potters Bar, and where 38 THE DRIVE lies on this distribution: 6% of detached houses are smaller than 38 THE DRIVE, and 93% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

38 THE DRIVE: Plot and Title Map

38 THE DRIVE sits on a plot of roughly 0.111 of an acre, or 448m². The below map shows the location of 38 THE DRIVE, 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 38 THE DRIVE). 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 38 THE DRIVE?

38 THE DRIVE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 38 on THE DRIVE.