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 THE WALK is a midsized extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £592,500 in October 2015, which was around 30% below the average October 2015 detached price in the Hertsmere local authority area. The most recent EPC inspection was July 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 56 THE WALK since 1st 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 56 THE WALK 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 |
---|---|---|---|
2015 15 OCT | £592,500 | £847,509 | 30% below HPI |
2002 3 JUL | £325,000 | £422,649 | 23% below HPI |
1996 12 JUN | £152,000 | £170,155 | 11% below HPI |
The below graph shows the average detached house price in the Hertsmere local authority area over time, sourced from the HPI. The three 56 THE WALK sales between June 1996 and October 2015 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 July 2002 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the October 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.
56 THE WALK is 120m², which includes one extension, according to the EPC inspection conducted in July 2015. This puts it in the smallest 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 THE WALK lies on this distribution: 46% of detached houses are smaller than 56 THE WALK, and 53% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.
56 THE WALK sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 56 THE WALK, 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 THE WALK). 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.
56 THE WALK is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 56 on THE WALK.