28, PARK LANE, CHESHUNT, WALTHAM CROSS, EN7 6LN - £500,000

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.

28 PARK LANE is a large extended terraced house of 138m², built sometime before 1900, which could now be worth an estimated £594,256. It was last sold for £500,000 in June 2018, which was around 44% above the average June 2018 terraced price in the Broxbourne local authority area. The most recent EPC inspection was June 2015, where the current energy rating was F, and the potential energy rating was B.

28 PARK LANE Sold Prices

Land registry data shows four sales for 28 PARK LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Broxbourne local authority area for the corresponding sale date. All of the four 28 PARK LANE sales were for above 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 19 JUN	£500,000	£347,081	44% above HPI
2016 31 MAR	£437,000	£319,377	37% above HPI
2008 1 FEB	£310,000	£224,070	38% above HPI
2001 26 JAN	£163,000	£109,199	49% above HPI

28 PARK LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Broxbourne local authority area over time, sourced from the HPI. The four 28 PARK LANE sales between January 2001 and June 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 March 2016 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the June 2018 sale, where it rises to 44% above the HPI. The line then continues to track at 44% above the HPI.

What might 28 PARK LANE be worth now?

28 PARK LANE might now be worth an estimated £594,256.

This is based on house price inflation of 18.9%, between June 2018 and June 2025, for terraced 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 18.9% inflationary increase is applied to the most recent sale price for 28 PARK LANE of £500,000 on 19th June 2018. For the value to have increased from £500,000 to £594,256 over the seven years to June 2025, the following assumptions must hold true:

• The value of 28 PARK LANE has moved in line with the HPI for terraced houses in the Broxbourne local authority area.
• The June 2018 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 28 PARK LANE has not materially changed since June 2018.

How Large is 28 PARK LANE?

28 PARK LANE is 138m², which includes one extension, according to the EPC inspection conducted in June 2015. This puts it in the largest 30% of terraced houses houses in Cheshunt, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Cheshunt, and where 28 PARK LANE lies on this distribution: 72% of terraced houses houses are smaller than 28 PARK LANE, and 28% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

28 PARK LANE: Plot and Title Map

28 PARK LANE sits on a plot of roughly 0.070 of an acre, or 282m². The below map shows the location of 28 PARK LANE, 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 28 PARK LANE). 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 28 PARK LANE?

28 PARK LANE is located in CHESHUNT, in the EN7 postcode district. The below map shows the position of No. 28 on PARK LANE.