6, WELLS CLOSE, CHESHUNT, WALTHAM CROSS, EN7 6WT - £700,000

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.

6 WELLS CLOSE is a very large extended detached house of 196m², built sometime between 1991 and 1995, which could now be worth an estimated £831,585. It was last sold for £700,000 in September 2018, which was around 9% below the average September 2018 detached price in the Broxbourne local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

6 WELLS CLOSE Sold Prices

Land registry data shows three sales for 6 WELLS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broxbourne local authority area for the corresponding sale date. One of the three 6 WELLS CLOSE sales was for below the average price, whilst two 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 7 SEP	£700,000	£771,831	9% below HPI
2003 24 APR	£420,000	£412,628	2% above HPI
1999 23 JUL	£235,000	£210,032	12% above HPI

6 WELLS CLOSE 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 three 6 WELLS CLOSE sales between July 1999 and September 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 April 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2018 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 6 WELLS CLOSE be worth now?

6 WELLS CLOSE might now be worth an estimated £831,585.

This is based on house price inflation of 18.8%, between September 2018 and June 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 18.8% inflationary increase is applied to the most recent sale price for 6 WELLS CLOSE of £700,000 on 7th September 2018. For the value to have increased from £700,000 to £831,585 over the seven years and three months to June 2025, the following assumptions must hold true:

• The value of 6 WELLS CLOSE has moved in line with the HPI for detached houses in the Broxbourne local authority area.
• The September 2018 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of 6 WELLS CLOSE has not materially changed since September 2018.

How Large is 6 WELLS CLOSE?

6 WELLS CLOSE is 196m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the largest 10% 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 6 WELLS CLOSE lies on this distribution: 93% of detached houses houses are smaller than 6 WELLS CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

6 WELLS CLOSE: Plot and Title Map

6 WELLS CLOSE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 6 WELLS 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 6 WELLS 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 6 WELLS CLOSE?

6 WELLS CLOSE is located in CHESHUNT, in the EN7 postcode district. The below map shows the position of No. 6 on WELLS CLOSE.