4, LOWTHER CLOSE, ELSTREE, BOREHAMWOOD, WD6 3PY - £550,000

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

4 LOWTHER CLOSE is a large detached house of 198m², built sometime between 1983 and 1990. It was last sold for £550,000 in January 2003, which was around 14% above the average January 2003 detached price in the Hertsmere local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

4 LOWTHER CLOSE Sold Prices

Land registry data shows two sales for 4 LOWTHER 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 4 LOWTHER CLOSE sales 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
2003 17 JAN	£550,000	£480,977	14% above HPI
1998 12 MAR	£360,000	£235,046	53% above HPI

4 LOWTHER 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 4 LOWTHER CLOSE sales from March 1998 and January 2003 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 March 1998 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the January 2003 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 4 LOWTHER CLOSE?

4 LOWTHER CLOSE is 198m² according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses by size in Borehamwood, and where 4 LOWTHER CLOSE lies on this distribution: 70% of detached houses are smaller than 4 LOWTHER CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

4 LOWTHER CLOSE: Plot and Title Map

4 LOWTHER CLOSE sits on a plot of roughly 0.100 of an acre, or 406m². The below map shows the location of 4 LOWTHER 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 4 LOWTHER 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 4 LOWTHER CLOSE?

4 LOWTHER CLOSE is located in ELSTREE, in the WD6 postcode district. The below map shows the position of No. 4 on LOWTHER CLOSE.