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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

44 THE RISE is a large extended detached house of 222m², built sometime between 1930 and 1949. It was last sold for £1,620,000 in November 2022, which was around 41% 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	£1,150,555	41% above HPI
2007 23 JAN	£794,000	£529,215	50% above HPI
2004 28 MAY	£610,000	£478,436	27% 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 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the November 2022 sale, where it falls to 41% above the HPI. The line then continues to track at 41% above the HPI.

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 in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses by size in Borehamwood, and where 44 THE RISE lies on this distribution: 78% of detached houses are smaller than 44 THE RISE, and 22% 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.