9, FAIRACRES CLOSE, POTTERS BAR, EN6 2LT - £685,000

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

9 FAIRACRES CLOSE is a small detached house of 100m², built sometime between 1900 and 1929. It was last sold for £685,000 in October 2021, which was around 37% below the average October 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

9 FAIRACRES CLOSE Sold Prices

Land registry data shows three sales for 9 FAIRACRES CLOSE 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 9 FAIRACRES 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
2021 27 OCT	£685,000	£1,087,310	37% below HPI
2009 12 MAY	£350,000	£489,306	28% below HPI
2000 26 MAY	£197,000	£316,125	38% below HPI

9 FAIRACRES 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 three 9 FAIRACRES CLOSE sales between May 2000 and October 2021 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 May 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the October 2021 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 9 FAIRACRES CLOSE?

9 FAIRACRES CLOSE is 100m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% 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 9 FAIRACRES CLOSE lies on this distribution: 28% of detached houses are smaller than 9 FAIRACRES CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

9 FAIRACRES CLOSE: Plot and Title Map

9 FAIRACRES CLOSE sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 9 FAIRACRES 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 9 FAIRACRES 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 9 FAIRACRES CLOSE?

9 FAIRACRES CLOSE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 9 on FAIRACRES CLOSE.