REDLANDS, ELSTREE HILL SOUTH, ELSTREE, BOREHAMWOOD, WD6 3DE - £970,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

REDLANDS is a midsized extended detached house of 231m², built sometime between 1976 and 1982. It was last sold for £970,000 in October 2022, which was around 16% below the average October 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was D.

REDLANDS Sold Prices

Land registry data shows two sales for REDLANDS 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. One of the two REDLANDS sales was for below the average price, whilst the other was 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 6 OCT	£970,000	£1,159,051	16% below HPI
2004 31 MAR	£525,000	£479,855	9% above HPI

REDLANDS 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 REDLANDS sales from March 2004 and October 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 March 2004 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2022 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is REDLANDS?

REDLANDS is 231m², which includes one extension, according to the EPC inspection conducted in March 2010. This puts it in the smallest 50% of detached houses in Elstree, based on EPC data. The below chart shows the distribution of detached houses by size in Elstree, and where REDLANDS lies on this distribution: 48% of detached houses are smaller than REDLANDS, and 52% of houses are larger. Note that EPC data is not available for all properties in Elstree.

REDLANDS: Plot and Title Map

REDLANDS sits on a plot of roughly 0.158 of an acre, or 639m². The below map shows the location of REDLANDS, 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 REDLANDS). 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 REDLANDS?

REDLANDS is located on ELSTREE HILL SOUTH in ELSTREE, in the WD6 postcode district. The below map shows the position of REDLANDS on ELSTREE HILL SOUTH.