CHELWOOD, OAKMERE AVENUE, POTTERS BAR, EN6 5ED - £730,000

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

CHELWOOD is a midsized extended detached house of 135m², built sometime between 1967 and 1975. It was last sold for £730,000 in December 2016, which was around 25% below the average December 2016 detached price in the Hertsmere local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

CHELWOOD Sold Prices

Land registry data shows two sales for CHELWOOD 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 CHELWOOD 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
2016 15 DEC	£730,000	£971,120	25% below HPI
2003 14 APR	£305,000	£475,713	36% below HPI

CHELWOOD 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 CHELWOOD sales from April 2003 and December 2016 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 2003 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the December 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is CHELWOOD?

CHELWOOD is 135m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% 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 CHELWOOD lies on this distribution: 60% of detached houses are smaller than CHELWOOD, and 40% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

CHELWOOD: Plot and Title Map

CHELWOOD sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of CHELWOOD, 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 CHELWOOD). 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 CHELWOOD?

CHELWOOD is located on OAKMERE AVENUE in POTTERS BAR, in the EN6 postcode district. The below map shows the position of CHELWOOD on OAKMERE AVENUE.