115, MELBOURNE ROAD, BUSHEY, WD23 3ND - £315,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

115 MELBOURNE ROAD is a very small semi-detached house of 77m², built sometime between 1930 and 1949. It was last sold for £315,000 in August 2011, which was around 49% below the average August 2011 detached price in the Hertsmere local authority area. The most recent EPC inspection was November 2010, where the current energy rating was E, and the potential energy rating was D.

115 MELBOURNE ROAD Sold Prices

Land registry data shows three sales for 115 MELBOURNE ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the three 115 MELBOURNE ROAD 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
2011 18 AUG	£315,000	£616,681	49% below HPI
2005 24 AUG	£246,000	£487,836	50% below HPI
1997 27 MAR	£112,500	£193,951	42% below HPI

115 MELBOURNE ROAD 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 three 115 MELBOURNE ROAD sales between March 1997 and August 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 August 2005 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the August 2011 sale, where it rises to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 115 MELBOURNE ROAD?

115 MELBOURNE ROAD is 77m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 10% of detached houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses by size in Bushey, and where 115 MELBOURNE ROAD lies on this distribution: 2% of detached houses are smaller than 115 MELBOURNE ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Bushey.

115 MELBOURNE ROAD: Plot and Title Map

115 MELBOURNE ROAD sits on a plot of roughly 0.067 of an acre, or 269m². The below map shows the location of 115 MELBOURNE ROAD, 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 115 MELBOURNE ROAD). 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 115 MELBOURNE ROAD?

115 MELBOURNE ROAD is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 115 on MELBOURNE ROAD.