12, MORVEN CLOSE, POTTERS BAR, EN6 5HE - £580,000

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.

12 MORVEN CLOSE is a small extended detached house of 98m², built sometime between 1950 and 1966, which could now be worth an estimated £797,832. It was last sold for £580,000 in December 2014, which was around 32% below the average December 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

12 MORVEN CLOSE Sold Prices

Land registry data shows two sales for 12 MORVEN CLOSE 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 12 MORVEN 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
2014 12 DEC	£580,000	£850,206	32% below HPI
1999 30 SEP	£246,000	£302,343	19% below HPI

12 MORVEN CLOSE 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 12 MORVEN CLOSE sales from September 1999 and December 2014 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 September 1999 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the December 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 12 MORVEN CLOSE be worth now?

12 MORVEN CLOSE might now be worth an estimated £797,832.

This is based on house price inflation of 37.6%, between December 2014 and June 2025, for 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 37.6% inflationary increase is applied to the most recent sale price for 12 MORVEN CLOSE of £580,000 on 12th December 2014. For the value to have increased from £580,000 to £797,832 over the eleven years and six months to June 2025, the following assumptions must hold true:

• The value of 12 MORVEN CLOSE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The December 2014 sale price of £580,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MORVEN CLOSE has not materially changed since December 2014.

How Large is 12 MORVEN CLOSE?

12 MORVEN CLOSE is 98m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses houses in Potters Bar, based on EPC data. The below chart shows the distribution of detached houses houses by size in Potters Bar, and where 12 MORVEN CLOSE lies on this distribution: 25% of detached houses houses are smaller than 12 MORVEN CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

12 MORVEN CLOSE: Plot and Title Map

12 MORVEN CLOSE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 12 MORVEN 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 12 MORVEN 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 12 MORVEN CLOSE?

12 MORVEN CLOSE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 12 on MORVEN CLOSE.