HITHER COTTAGE, BARNET LANE, ELSTREE, BOREHAMWOOD, WD6 3QZ - £1,130,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

HITHER COTTAGE is a very large extended detached house of 403m², built sometime between 1976 and 1982, which could now be worth an estimated £2,363,713. It was last sold for £1,130,000 in September 2006, which was around 102% above the average September 2006 detached price in the Hertsmere local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

HITHER COTTAGE Sold Prices

Land registry data shows three sales for HITHER COTTAGE 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 HITHER COTTAGE 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
2006 15 SEP	£1,130,000	£560,790	102% above HPI
1998 25 JUN	£620,000	£254,393	144% above HPI
1997 30 MAY	£236,500	£222,435	6% above HPI

HITHER COTTAGE 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 HITHER COTTAGE sales between May 1997 and September 2006 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 June 1998 sale was for 144% above the HPI. So the extrapolation line tracks at 144% above the HPI over time, until the September 2006 sale, where it falls to 102% above the HPI. The line then continues to track at 102% above the HPI.

What might HITHER COTTAGE be worth now?

HITHER COTTAGE might now be worth an estimated £2,363,713.

This is based on house price inflation of 109.2%, between September 2006 and February 2025, 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 109.2% inflationary increase is applied to the most recent sale price for HITHER COTTAGE of £1,130,000 on 15th September 2006. For the value to have increased from £1,130,000 to £2,363,713 over the nineteen years and seven months to February 2025, the following assumptions must hold true:

• The value of HITHER COTTAGE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The September 2006 sale price of £1,130,000 represented a fair market value for the property.
• The size, condition, and specification of HITHER COTTAGE has not materially changed since September 2006.

How Large is HITHER COTTAGE?

HITHER COTTAGE is 403m², which includes two extensions, according to the EPC inspection conducted in November 2017. This puts it in the largest 10% 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 HITHER COTTAGE lies on this distribution: 96% of detached houses houses are smaller than HITHER COTTAGE, and 4% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

HITHER COTTAGE: Plot and Title Map

HITHER COTTAGE sits on a plot of roughly 0.261 of an acre, or 1,055m². The below map shows the location of HITHER COTTAGE, 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 HITHER COTTAGE). 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 HITHER COTTAGE?

HITHER COTTAGE is located on BARNET LANE in ELSTREE, in the WD6 postcode district. The below map shows the position of HITHER COTTAGE on BARNET LANE.