4, ORCHARD CLOSE, ELSTREE, BOREHAMWOOD, WD6 3PR - £1,420,000

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 ORCHARD CLOSE is a very large extended detached house of 237m², built sometime between 1967 and 1975, which could now be worth an estimated £2,117,949. It was last sold for £1,420,000 in May 2014, which was around 81% above the average May 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

4 ORCHARD CLOSE Sold Prices

Land registry data shows two sales for 4 ORCHARD 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 ORCHARD 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
2014 27 MAY	£1,420,000	£786,483	81% above HPI
2006 4 AUG	£890,000	£555,468	60% above HPI

4 ORCHARD 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 ORCHARD CLOSE sales from August 2006 and May 2014 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 2006 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the May 2014 sale, where it rises to 81% above the HPI. The line then continues to track at 81% above the HPI.

What might 4 ORCHARD CLOSE be worth now?

4 ORCHARD CLOSE might now be worth an estimated £2,117,949.

This is based on house price inflation of 49.2%, between May 2014 and February 2025, 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 49.2% inflationary increase is applied to the most recent sale price for 4 ORCHARD CLOSE of £1,420,000 on 27th May 2014. For the value to have increased from £1,420,000 to £2,117,949 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 4 ORCHARD CLOSE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The May 2014 sale price of £1,420,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ORCHARD CLOSE has not materially changed since May 2014.

How Large is 4 ORCHARD CLOSE?

4 ORCHARD CLOSE is 237m², which includes one extension, according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borehamwood, and where 4 ORCHARD CLOSE lies on this distribution: 81% of detached houses houses are smaller than 4 ORCHARD CLOSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

4 ORCHARD CLOSE: Plot and Title Map

4 ORCHARD CLOSE sits on a plot of roughly 0.253 of an acre, or 1,024m². The below map shows the location of 4 ORCHARD 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 ORCHARD 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 ORCHARD CLOSE?

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