8, SHAKESPEARE DRIVE, BOREHAMWOOD, WD6 2FD - £615,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 SHAKESPEARE DRIVE is a small detached house of 109m², built sometime from 2007 onwards, which could now be worth an estimated £830,171. It was last sold for £615,000 in September 2014, which was around 28% below the average September 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

8 SHAKESPEARE DRIVE Sold Prices

Land registry data shows two sales for 8 SHAKESPEARE DRIVE 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 SHAKESPEARE DRIVE 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 16 SEP	£615,000	£850,333	28% below HPI
2007 23 AUG	£434,950	£634,742	31% below HPI

8 SHAKESPEARE DRIVE 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 SHAKESPEARE DRIVE sales from August 2007 and September 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 August 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2014 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 8 SHAKESPEARE DRIVE be worth now?

8 SHAKESPEARE DRIVE might now be worth an estimated £830,171.

This is based on house price inflation of 35%, between September 2014 and December 2024, for detached houses, in the Hertsmere local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 35% inflationary increase is applied to the most recent sale price for 8 SHAKESPEARE DRIVE of £615,000 on 16th September 2014. For the value to have increased from £615,000 to £830,171 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 8 SHAKESPEARE DRIVE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The September 2014 sale price of £615,000 represented a fair market value for the property.
• The size, condition, and specification of 8 SHAKESPEARE DRIVE has not materially changed since September 2014.

How Large is 8 SHAKESPEARE DRIVE?

8 SHAKESPEARE DRIVE is 109m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borehamwood, and where 8 SHAKESPEARE DRIVE lies on this distribution: 22% of detached houses houses are smaller than 8 SHAKESPEARE DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

8 SHAKESPEARE DRIVE: Plot and Title Map

8 SHAKESPEARE DRIVE sits on a plot of roughly 0.097 of an acre, or 392m². The below map shows the location of 8 SHAKESPEARE DRIVE, 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 SHAKESPEARE DRIVE). 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 SHAKESPEARE DRIVE?

8 SHAKESPEARE DRIVE is located in BOREHAMWOOD, in the WD6 postcode district. The below map shows the position of No. 8 on SHAKESPEARE DRIVE.