THE BUNGALOW, FORTUNE LANE, ELSTREE, BOREHAMWOOD, WD6 3RY - £729,250

THE BUNGALOW is a very small detached house of 141m², built sometime between 1967 and 1975. It was last sold for £729,250 in May 2011, which was around 24% above the average May 2011 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

THE BUNGALOW Sold Prices

Land registry data shows two sales for THE BUNGALOW 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. One of the two THE BUNGALOW sales was for above the average price, whilst the other was 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
2011 24 MAY	£729,250	£589,627	24% above HPI
2010 2 MAR	£200,000	£570,838	65% below HPI

THE BUNGALOW 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 THE BUNGALOW sales from March 2010 and May 2011 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 2010 sale was for 65% below the HPI. So the extrapolation line tracks at 65% below the HPI over time, until the May 2011 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is THE BUNGALOW?

THE BUNGALOW is 141m² according to the EPC inspection conducted in April 2011. 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 THE BUNGALOW lies on this distribution: 19% of detached houses are smaller than THE BUNGALOW, and 81% of houses are larger. Note that EPC data is not available for all properties in Elstree.

THE BUNGALOW: Plot and Title Map

THE BUNGALOW sits on a plot of roughly 0.139 of an acre, or 561m². The below map shows the location of THE BUNGALOW, 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 THE BUNGALOW). 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 THE BUNGALOW?

THE BUNGALOW is located on FORTUNE LANE in ELSTREE, in the WD6 postcode district. The below map shows the position of THE BUNGALOW on FORTUNE LANE.