4, WELLS CLOSE, CHESHUNT, WALTHAM CROSS, EN7 6WT - £597,000

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 WELLS CLOSE is a small detached house of 113m², built sometime between 1983 and 1990, which could now be worth an estimated £680,456. It was last sold for £597,000 in September 2020, which was around 23% below the average September 2020 detached price in the Broxbourne local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

4 WELLS CLOSE Sold Prices

Land registry data shows three sales for 4 WELLS 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 WELLS 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
2020 21 SEP	£597,000	£779,918	23% below HPI
2005 20 SEP	£337,000	£424,570	21% below HPI
1998 30 OCT	£182,500	£203,455	10% below HPI

4 WELLS 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 WELLS CLOSE sales between October 1998 and September 2020 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 September 2005 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2020 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 4 WELLS CLOSE be worth now?

4 WELLS CLOSE might now be worth an estimated £680,456.

This is based on house price inflation of 14%, between September 2020 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 14% inflationary increase is applied to the most recent sale price for 4 WELLS CLOSE of £597,000 on 21st September 2020. For the value to have increased from £597,000 to £680,456 over the five years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 WELLS CLOSE has moved in line with the HPI for detached houses in the Broxbourne local authority area.
• The September 2020 sale price of £597,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WELLS CLOSE has not materially changed since September 2020.

How Large is 4 WELLS CLOSE?

4 WELLS CLOSE is 113m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 40% 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 WELLS CLOSE lies on this distribution: 38% of detached houses houses are smaller than 4 WELLS CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

4 WELLS CLOSE: Plot and Title Map

4 WELLS CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 4 WELLS 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 WELLS 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 WELLS CLOSE?

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