7, MAY GARDENS, ELSTREE, BOREHAMWOOD, WD6 3RZ - £1,506,400

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 MAY GARDENS is a large detached house of 306m², built sometime between 1983 and 1990. It was last sold for £1,506,400 in August 2020, which was around 53% above the average August 2020 detached price in the Hertsmere local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

7 MAY GARDENS Sold Prices

Land registry data shows three sales for 7 MAY GARDENS 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 7 MAY GARDENS 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
2020 14 AUG	£1,506,400	£986,559	53% above HPI
2002 29 NOV	£1,000,000	£470,976	112% above HPI
1998 17 APR	£525,000	£232,586	126% above HPI

7 MAY GARDENS 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 7 MAY GARDENS sales between April 1998 and August 2020 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 2002 sale was for 112% above the HPI. So the extrapolation line tracks at 112% above the HPI over time, until the August 2020 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 7 MAY GARDENS?

7 MAY GARDENS is 306m² according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Elstree, based on EPC data. The below chart shows the distribution of detached houses by size in Elstree, and where 7 MAY GARDENS lies on this distribution: 74% of detached houses are smaller than 7 MAY GARDENS, and 26% of houses are larger. Note that EPC data is not available for all properties in Elstree.

7 MAY GARDENS: Plot and Title Map

7 MAY GARDENS sits on a plot of roughly 0.178 of an acre, or 719m². The below map shows the location of 7 MAY GARDENS, 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 MAY GARDENS). 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 MAY GARDENS?

7 MAY GARDENS is located in ELSTREE, in the WD6 postcode district. The below map shows the position of No. 7 on MAY GARDENS.