4, OLD GROVE CLOSE, CHESHUNT, WALTHAM CROSS, EN7 6UN - £385,000

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.

4 OLD GROVE CLOSE is a midsized detached house of 117m², built sometime between 1996 and 2002, which could now be worth an estimated £709,453. It was last sold for £385,000 in February 2011, which was around 20% below the average February 2011 detached price in the Broxbourne local authority area. The most recent EPC inspection was August 2010, where the current energy rating was D, and the potential energy rating was C.

4 OLD GROVE CLOSE Sold Prices

Land registry data shows three sales for 4 OLD GROVE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. All of the three 4 OLD GROVE CLOSE 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
2011 11 FEB	£385,000	£482,405	20% below HPI
2006 8 JUN	£345,000	£422,937	18% below HPI
2000 10 JUL	£209,950	£266,508	21% below HPI

4 OLD GROVE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The three 4 OLD GROVE CLOSE sales between July 2000 and February 2011 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 2006 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 4 OLD GROVE CLOSE be worth now?

4 OLD GROVE CLOSE might now be worth an estimated £709,453.

This is based on house price inflation of 84.3%, between February 2011 and February 2025, for detached houses, in the Broxbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 84.3% inflationary increase is applied to the most recent sale price for 4 OLD GROVE CLOSE of £385,000 on 11th February 2011. For the value to have increased from £385,000 to £709,453 over the fourteen years to February 2025, the following assumptions must hold true:

• The value of 4 OLD GROVE CLOSE has moved in line with the HPI for detached houses in the Broxbourne local authority area.
• The February 2011 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 4 OLD GROVE CLOSE has not materially changed since February 2011.

How Large is 4 OLD GROVE CLOSE?

4 OLD GROVE CLOSE is 117m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% of detached houses houses in Cheshunt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheshunt, and where 4 OLD GROVE CLOSE lies on this distribution: 45% of detached houses houses are smaller than 4 OLD GROVE CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

4 OLD GROVE CLOSE: Plot and Title Map

4 OLD GROVE CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 4 OLD GROVE 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 OLD GROVE 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 OLD GROVE CLOSE?

4 OLD GROVE CLOSE is located in CHESHUNT, in the EN7 postcode district. The below map shows the position of No. 4 on OLD GROVE CLOSE.