2, THE LAURELS, WALTHAM CROSS, EN7 6NL - £535,000

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 THE LAURELS is a very small extended detached house of 93m², built sometime between 1991 and 1995, which could now be worth an estimated £606,513. It was last sold for £535,000 in October 2018, which was around 32% below the average October 2018 detached price in the Broxbourne local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

2 THE LAURELS Sold Prices

Land registry data shows two sales for 2 THE LAURELS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. Both of the two 2 THE LAURELS 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 16 OCT	£535,000	£784,130	32% below HPI
2000 28 NOV	£225,000	£284,361	21% below HPI

2 THE LAURELS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broxbourne local authority area over time, sourced from the HPI. The two 2 THE LAURELS sales from November 2000 and October 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 2000 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2018 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 2 THE LAURELS be worth now?

2 THE LAURELS might now be worth an estimated £606,513.

This is based on house price inflation of 13.4%, between October 2018 and February 2025, for detached houses, in the Broxbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.4% inflationary increase is applied to the most recent sale price for 2 THE LAURELS of £535,000 on 16th October 2018. For the value to have increased from £535,000 to £606,513 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 2 THE LAURELS has moved in line with the HPI for detached houses in the Broxbourne local authority area.
• The October 2018 sale price of £535,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LAURELS has not materially changed since October 2018.

How Large is 2 THE LAURELS?

2 THE LAURELS is 93m², which includes two extensions, according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% of detached houses houses in Cheshunt, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cheshunt, and where 2 THE LAURELS lies on this distribution: 17% of detached houses houses are smaller than 2 THE LAURELS, and 82% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

2 THE LAURELS: Plot and Title Map

2 THE LAURELS sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 2 THE LAURELS, 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 THE LAURELS). 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 THE LAURELS?

2 THE LAURELS is located in WALTHAM CROSS, in the EN7 postcode district. The below map shows the position of No. 2 on THE LAURELS.