7, THE SPINNEY, POTTERS BAR, EN6 5HH - £380,000

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 THE SPINNEY is a very small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £380,000 in July 2014, which was around 48% below the average July 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

7 THE SPINNEY Sold Prices

Land registry data shows two sales for 7 THE SPINNEY 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 THE SPINNEY 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
2014 10 JUL	£380,000	£735,282	48% below HPI
2007 30 MAR	£250,000	£540,427	54% below HPI

7 THE SPINNEY 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 THE SPINNEY sales from March 2007 and July 2014 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 March 2007 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the July 2014 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 7 THE SPINNEY?

7 THE SPINNEY is 91m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% 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 THE SPINNEY lies on this distribution: 19% of detached houses are smaller than 7 THE SPINNEY, and 80% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

7 THE SPINNEY: Plot and Title Map

7 THE SPINNEY sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 7 THE SPINNEY, 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 THE SPINNEY). 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 THE SPINNEY?

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