8, BISHOPS AVENUE, ELSTREE, BOREHAMWOOD, WD6 3LZ - £1,276,000

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

8 BISHOPS AVENUE is a large extended detached house of 196m², built sometime between 1967 and 1975. It was last sold for £1,276,000 in March 2024, which was around 24% above the average March 2024 detached price in the Hertsmere local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

8 BISHOPS AVENUE Sold Prices

Land registry data shows two sales for 8 BISHOPS 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 8 BISHOPS AVENUE 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
2024 15 MAR	£1,276,000	£1,032,810	24% above HPI
2006 3 APR	£525,000	£483,917	8% above HPI

8 BISHOPS 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 8 BISHOPS AVENUE sales from April 2006 and March 2024 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 April 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2024 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 8 BISHOPS AVENUE?

8 BISHOPS AVENUE is 196m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% of detached houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses by size in Borehamwood, and where 8 BISHOPS AVENUE lies on this distribution: 69% of detached houses are smaller than 8 BISHOPS AVENUE, and 31% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

8 BISHOPS AVENUE: Plot and Title Map

8 BISHOPS AVENUE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 8 BISHOPS 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 8 BISHOPS 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 8 BISHOPS AVENUE?

8 BISHOPS AVENUE is located in ELSTREE, in the WD6 postcode district. The below map shows the position of No. 8 on BISHOPS AVENUE.