2, PINEWOOD DRIVE, POTTERS BAR, EN6 2BD - £220,000

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.

2 PINEWOOD DRIVE is a very small terraced house of 40m², built sometime between 1991 and 1995, which could now be worth an estimated £325,387. It was last sold for £220,000 in June 2014, which was around 32% below the average June 2014 terraced price in the Hertsmere local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

2 PINEWOOD DRIVE Sold Prices

Land registry data shows four sales for 2 PINEWOOD DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Hertsmere local authority area for the corresponding sale date. All of the four 2 PINEWOOD DRIVE 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 13 JUN	£220,000	£321,778	32% below HPI
2005 1 NOV	£157,500	£226,316	30% below HPI
2000 18 DEC	£98,500	£133,643	26% below HPI
1998 30 JUN	£69,950	£93,552	25% below HPI

2 PINEWOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Hertsmere local authority area over time, sourced from the HPI. The four 2 PINEWOOD DRIVE sales between June 1998 and June 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 November 2005 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2014 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 PINEWOOD DRIVE be worth now?

2 PINEWOOD DRIVE might now be worth an estimated £325,387.

This is based on house price inflation of 47.9%, between June 2014 and June 2025, for terraced 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 47.9% inflationary increase is applied to the most recent sale price for 2 PINEWOOD DRIVE of £220,000 on 13th June 2014. For the value to have increased from £220,000 to £325,387 over the eleven years to June 2025, the following assumptions must hold true:

• The value of 2 PINEWOOD DRIVE has moved in line with the HPI for terraced houses in the Hertsmere local authority area.
• The June 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PINEWOOD DRIVE has not materially changed since June 2014.

How Large is 2 PINEWOOD DRIVE?

2 PINEWOOD DRIVE is 40m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of terraced houses houses in Potters Bar, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Potters Bar, and where 2 PINEWOOD DRIVE lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 PINEWOOD DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Potters Bar.

2 PINEWOOD DRIVE: Plot and Title Map

2 PINEWOOD DRIVE sits on a plot of roughly 0.018 of an acre, or 71m². The below map shows the location of 2 PINEWOOD DRIVE, 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 2 PINEWOOD DRIVE). 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 2 PINEWOOD DRIVE?

2 PINEWOOD DRIVE is located in POTTERS BAR, in the EN6 postcode district. The below map shows the position of No. 2 on PINEWOOD DRIVE.