41, LODGE AVENUE, ELSTREE, BOREHAMWOOD, WD6 3NA - £1,090,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

41 LODGE AVENUE is a small extended detached house of 129m², built sometime between 1950 and 1966. It was last sold for £1,090,000 in October 2022, which was around 6% below the average October 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was November 2011, where the current energy rating was E, and the potential energy rating was D.

41 LODGE AVENUE Sold Prices

Land registry data shows two sales for 41 LODGE AVENUE 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. One of the two 41 LODGE AVENUE sales was for below the average price, whilst the other was 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 OCT	£1,090,000	£1,159,050	6% below HPI
2002 2 OCT	£520,000	£451,341	15% above HPI

41 LODGE AVENUE 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 41 LODGE AVENUE sales from October 2002 and October 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 October 2002 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the October 2022 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 41 LODGE AVENUE?

41 LODGE AVENUE is 129m², which includes two extensions, according to the EPC inspection conducted in November 2011. This puts it in the smallest 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 41 LODGE AVENUE lies on this distribution: 33% of detached houses are smaller than 41 LODGE AVENUE, and 67% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

41 LODGE AVENUE: Plot and Title Map

41 LODGE AVENUE sits on a plot of roughly 0.186 of an acre, or 753m². The below map shows the location of 41 LODGE AVENUE, 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 41 LODGE AVENUE). 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 41 LODGE AVENUE?

41 LODGE AVENUE is located in ELSTREE, in the WD6 postcode district. The below map shows the position of No. 41 on LODGE AVENUE.