7, BARNET LANE, ELSTREE, BOREHAMWOOD, WD6 3HE - £490,000

7 BARNET LANE is a very small extended detached house of 105m², built sometime between 1900 and 1929. It was last sold for £490,000 in May 2014, which was around 32% below the average May 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

7 BARNET LANE Sold Prices

Land registry data shows two sales for 7 BARNET LANE 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 7 BARNET LANE 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 23 MAY	£490,000	£716,241	32% below HPI
1999 9 NOV	£122,000	£285,067	57% below HPI

7 BARNET LANE 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 7 BARNET LANE sales from November 1999 and May 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 1999 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the May 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 BARNET LANE?

7 BARNET LANE is 105m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the smallest 20% of detached houses in Elstree, based on EPC data. The below chart shows the distribution of detached houses by size in Elstree, and where 7 BARNET LANE lies on this distribution: 15% of detached houses are smaller than 7 BARNET LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Elstree.

7 BARNET LANE: Plot and Title Map

7 BARNET LANE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 7 BARNET 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 7 BARNET 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 7 BARNET LANE?

7 BARNET LANE is located in ELSTREE, in the WD6 postcode district. The below map shows the position of No. 7 on BARNET LANE.