4, NICHOLAS ROAD, ELSTREE, BOREHAMWOOD, WD6 3JY - £1,325,000

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 NICHOLAS ROAD is a large detached house of 214m², built sometime between 1950 and 1966. It was last sold for £1,325,000 in May 2022, which was around 22% above the average May 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

4 NICHOLAS ROAD Sold Prices

Land registry data shows three sales for 4 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. All of the three 4 NICHOLAS ROAD 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
2022 20 MAY	£1,325,000	£1,088,706	22% above HPI
2003 25 JUL	£565,000	£470,756	20% above HPI
1996 31 JAN	£210,000	£167,946	25% above HPI

4 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 4 NICHOLAS ROAD sales between January 1996 and May 2022 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 2003 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2022 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 4 NICHOLAS ROAD?

4 NICHOLAS ROAD is 214m² according to the EPC inspection conducted in September 2021. This puts it in the largest 30% 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 NICHOLAS ROAD lies on this distribution: 75% of detached houses are smaller than 4 NICHOLAS ROAD, and 25% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

4 NICHOLAS ROAD: Plot and Title Map

4 NICHOLAS ROAD sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 4 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 4 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 4 NICHOLAS ROAD?

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