44, THE RISE, ELSTREE, BOREHAMWOOD, WD6 3JT - £1,620,000

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.

44 THE RISE is a large extended detached house of 222m², built sometime between 1930 and 1949, which could now be worth an estimated £1,504,160. It was last sold for £1,620,000 in November 2022, which was around 28% above the average November 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

44 THE RISE Sold Prices

Land registry data shows three sales for 44 THE RISE 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 44 THE RISE 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 3 NOV	£1,620,000	£1,263,390	28% above HPI
2007 23 JAN	£794,000	£581,114	37% above HPI
2004 28 MAY	£610,000	£525,356	16% above HPI

44 THE RISE 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 44 THE RISE sales between May 2004 and November 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 January 2007 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the November 2022 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 44 THE RISE be worth now?

44 THE RISE might now be worth an estimated £1,504,160.

This is based on house price deflation of 7.2%, between November 2022 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 7.2% deflationary decrease is applied to the most recent sale price for 44 THE RISE of £1,620,000 on 3rd November 2022. For the value to have decreased from £1,620,000 to £1,504,160 over the three years and nine months to February 2025, the following assumptions must hold true:

• The value of 44 THE RISE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The November 2022 sale price of £1,620,000 represented a fair market value for the property.
• The size, condition, and specification of 44 THE RISE has not materially changed since November 2022.

How Large is 44 THE RISE?

44 THE RISE is 222m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 30% 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 44 THE RISE lies on this distribution: 77% of detached houses houses are smaller than 44 THE RISE, and 23% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

44 THE RISE: Plot and Title Map

44 THE RISE sits on a plot of roughly 0.216 of an acre, or 875m². The below map shows the location of 44 THE RISE, 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 44 THE RISE). 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 44 THE RISE?

44 THE RISE is located in ELSTREE, in the WD6 postcode district. The below map shows the position of No. 44 on THE RISE.