RED ROOF COTTAGE, BARNET LANE, ELSTREE, BOREHAMWOOD, WD6 3QZ - £1,725,000

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

RED ROOF COTTAGE is a very large extended detached house of 262m², built sometime between 1950 and 1966. It was last sold for £1,725,000 in July 2022, which was around 57% above the average July 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was May 2021, where the current energy rating was E, and the potential energy rating was C.

RED ROOF COTTAGE Sold Prices

Land registry data shows two sales for RED ROOF COTTAGE 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 RED ROOF 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
2022 29 JUL	£1,725,000	£1,100,110	57% above HPI
2009 24 AUG	£720,000	£528,699	36% above HPI

RED ROOF 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 two RED ROOF COTTAGE sales from August 2009 and July 2022 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 2009 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the July 2022 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is RED ROOF COTTAGE?

RED ROOF COTTAGE is 262m², which includes one extension, according to the EPC inspection conducted in May 2021. This puts it in the largest 20% of detached houses in Borehamwood, based on EPC data. The below chart shows the distribution of detached houses by size in Borehamwood, and where RED ROOF COTTAGE lies on this distribution: 86% of detached houses are smaller than RED ROOF COTTAGE, and 14% of houses are larger. Note that EPC data is not available for all properties in Borehamwood.

RED ROOF COTTAGE: Plot and Title Map

RED ROOF COTTAGE sits on a plot of roughly 0.151 of an acre, or 611m². The below map shows the location of RED ROOF 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 RED ROOF 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 RED ROOF COTTAGE?

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