56, SHERWOOD AVENUE, POTTERS BAR, EN6 2LE - £765,000

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

56 SHERWOOD AVENUE is a midsized extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £765,000 in September 2022, which was around 34% below the average September 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

56 SHERWOOD AVENUE Sold Prices

Land registry data shows two sales for 56 SHERWOOD 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. Both of the two 56 SHERWOOD AVENUE 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
2022 16 SEP	£765,000	£1,154,433	34% below HPI
1996 4 NOV	£120,000	£186,332	36% below HPI

56 SHERWOOD 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 56 SHERWOOD AVENUE sales from November 1996 and September 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 November 1996 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the September 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 56 SHERWOOD AVENUE?

56 SHERWOOD AVENUE is 124m², which includes two extensions, according to the EPC inspection conducted in June 2022. This puts it in the largest 50% of detached houses in Potters Bar, based on EPC data. The below chart shows the distribution of detached houses by size in Potters Bar, and where 56 SHERWOOD AVENUE lies on this distribution: 51% of detached houses are smaller than 56 SHERWOOD AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

56 SHERWOOD AVENUE: Plot and Title Map

56 SHERWOOD AVENUE sits on a plot of roughly 0.099 of an acre, or 400m². The below map shows the location of 56 SHERWOOD 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 56 SHERWOOD 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 56 SHERWOOD AVENUE?

56 SHERWOOD AVENUE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 56 on SHERWOOD AVENUE.