5, PARK LANE, CHESHUNT, WALTHAM CROSS, EN7 6LY - £553,000

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.

5 PARK LANE is a small extended detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £578,543. It was last sold for £553,000 in February 2024, which was around 35% below the average February 2024 detached price in the Broxbourne local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was B.

5 PARK LANE Sold Prices

Land registry data shows two sales for 5 PARK LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. Both of the two 5 PARK LANE 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
2024 27 FEB	£553,000	£849,696	35% below HPI
1995 6 APR	£123,000	£154,715	20% below HPI

5 PARK LANE 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 two 5 PARK LANE sales from April 1995 and February 2024 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 April 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 5 PARK LANE be worth now?

5 PARK LANE might now be worth an estimated £578,543.

This is based on house price inflation of 4.6%, between February 2024 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 4.6% inflationary increase is applied to the most recent sale price for 5 PARK LANE of £553,000 on 27th February 2024. For the value to have increased from £553,000 to £578,543 over the one year to February 2025, the following assumptions must hold true:

• The value of 5 PARK LANE has moved in line with the HPI for detached houses in the Broxbourne local authority area.
• The February 2024 sale price of £553,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARK LANE has not materially changed since February 2024.

How Large is 5 PARK LANE?

5 PARK LANE is 110m², which includes two extensions, according to the EPC inspection conducted in March 2023. 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 5 PARK LANE lies on this distribution: 35% of detached houses houses are smaller than 5 PARK LANE, and 64% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

5 PARK LANE: Plot and Title Map

5 PARK LANE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 5 PARK LANE, 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 5 PARK LANE). 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 5 PARK LANE?

5 PARK LANE is located in CHESHUNT, in the EN7 postcode district. The below map shows the position of No. 5 on PARK LANE.