THE BUNGALOW, GRESLEY COURT, HAWKSHEAD ROAD, POTTERS BAR, EN6 1LF - £425,000

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

THE BUNGALOW is a small detached house of 97m², built sometime between 1967 and 1975. It was last sold for £425,000 in July 2015, which was around 36% below the average July 2015 detached price in the Welwyn Hatfield local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Welwyn Hatfield local authority area for the corresponding sale date. Both of the two THE BUNGALOW 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
2015 26 JUL	£425,000	£669,124	36% below HPI
2012 12 OCT	£325,000	£545,650	40% below HPI

THE BUNGALOW 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 two THE BUNGALOW sales from October 2012 and July 2015 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 October 2012 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2015 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 97m² according to the EPC inspection conducted in January 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 THE BUNGALOW lies on this distribution: 24% of detached houses are smaller than THE BUNGALOW, and 75% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW, GRESLEY COURT is located on HAWKSHEAD ROAD in POTTERS BAR, in the EN6 postcode district. The below map shows the position of THE BUNGALOW, GRESLEY COURT on HAWKSHEAD ROAD.