1, BEEHIVE CLOSE, ELSTREE, BOREHAMWOOD, WD6 3HP - £250,000

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.

1 BEEHIVE CLOSE is a very small semi-detached house of 44m², built sometime between 1983 and 1990, which could now be worth an estimated £299,521. It was last sold for £250,000 in November 2018, which was around 53% below the average November 2018 semi-detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

1 BEEHIVE CLOSE Sold Prices

Land registry data shows three sales for 1 BEEHIVE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Hertsmere local authority area for the corresponding sale date. All of the three 1 BEEHIVE CLOSE 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
2018 5 NOV	£250,000	£527,760	53% below HPI
1998 12 NOV	£69,000	£130,064	47% below HPI
1997 2 MAY	£55,000	£105,970	48% below HPI

1 BEEHIVE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Hertsmere local authority area over time, sourced from the HPI. The three 1 BEEHIVE CLOSE sales between May 1997 and November 2018 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 November 1998 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the November 2018 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 1 BEEHIVE CLOSE be worth now?

1 BEEHIVE CLOSE might now be worth an estimated £299,521.

This is based on house price inflation of 19.8%, between November 2018 and May 2026, for semi-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 19.8% inflationary increase is applied to the most recent sale price for 1 BEEHIVE CLOSE of £250,000 on 5th November 2018. For the value to have increased from £250,000 to £299,521 over the eight years and six months to May 2026, the following assumptions must hold true:

• The value of 1 BEEHIVE CLOSE has moved in line with the HPI for semi-detached houses in the Hertsmere local authority area.
• The November 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BEEHIVE CLOSE has not materially changed since November 2018.

How Large is 1 BEEHIVE CLOSE?

1 BEEHIVE CLOSE is 44m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of semi-detached houses houses in Elstree, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Elstree, and where 1 BEEHIVE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 1 BEEHIVE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Elstree.

1 BEEHIVE CLOSE: Plot and Title Map

1 BEEHIVE CLOSE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 1 BEEHIVE CLOSE, 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 1 BEEHIVE CLOSE). 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 1 BEEHIVE CLOSE?

1 BEEHIVE CLOSE is located in ELSTREE, in the WD6 postcode district. The below map shows the position of No. 1 on BEEHIVE CLOSE.