7, BEARWOOD CLOSE, POTTERS BAR, EN6 5HJ - £480,000

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

7 BEARWOOD CLOSE is a large extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £480,000 in April 2011, which was around 20% below the average April 2011 detached price in the Hertsmere local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was D.

7 BEARWOOD CLOSE Sold Prices

Land registry data shows two sales for 7 BEARWOOD CLOSE 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 7 BEARWOOD CLOSE 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
2011 21 APR	£480,000	£598,992	20% below HPI
1995 24 NOV	£160,000	£171,617	7% below HPI

7 BEARWOOD CLOSE 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 7 BEARWOOD CLOSE sales from November 1995 and April 2011 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 1995 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the April 2011 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 7 BEARWOOD CLOSE?

7 BEARWOOD CLOSE is 145m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the largest 40% 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 7 BEARWOOD CLOSE lies on this distribution: 66% of detached houses are smaller than 7 BEARWOOD CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

7 BEARWOOD CLOSE: Plot and Title Map

7 BEARWOOD CLOSE sits on a plot of roughly 0.114 of an acre, or 462m². The below map shows the location of 7 BEARWOOD CLOSE, 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 7 BEARWOOD CLOSE). 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 7 BEARWOOD CLOSE?

7 BEARWOOD CLOSE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 7 on BEARWOOD CLOSE.