MINWOOD, COOPERS LANE ROAD, POTTERS BAR, EN6 4AA - £790,000

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

MINWOOD is a small detached house of 93m², built sometime between 1950 and 1966. It was last sold for £790,000 in February 2023, which was around 15% below the average February 2023 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was C.

MINWOOD Sold Prices

Land registry data shows three sales for MINWOOD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. All of the three MINWOOD 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
2023 28 FEB	£790,000	£933,485	15% below HPI
2018 19 MAR	£615,000	£814,828	25% below HPI
2014 11 APR	£435,000	£581,495	25% below HPI

MINWOOD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Welwyn Hatfield local authority area over time, sourced from the HPI. The three MINWOOD sales between April 2014 and February 2023 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 March 2018 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2023 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is MINWOOD?

MINWOOD is 93m² according to the EPC inspection conducted in December 2017. 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 MINWOOD lies on this distribution: 21% of detached houses are smaller than MINWOOD, and 79% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

MINWOOD: Plot and Title Map

MINWOOD sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of MINWOOD, 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 MINWOOD). 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 MINWOOD?

MINWOOD is located on COOPERS LANE ROAD in POTTERS BAR, in the EN6 postcode district. The below map shows the position of MINWOOD on COOPERS LANE ROAD.