172, MERRY HILL ROAD, BUSHEY, WD23 1DQ - £700,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

172 MERRY HILL ROAD is a very small extended detached house of 109m², built sometime between 1930 and 1949. It was last sold for £700,000 in June 2021, which was around 31% below the average June 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was January 2021, where the current energy rating was D, and the potential energy rating was B.

172 MERRY HILL ROAD Sold Prices

Land registry data shows two sales for 172 MERRY HILL ROAD 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 172 MERRY HILL 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
2021 18 JUN	£700,000	£1,008,915	31% below HPI
2014 28 NOV	£575,000	£773,504	26% below HPI

172 MERRY HILL 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 two 172 MERRY HILL ROAD sales from November 2014 and June 2021 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 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the June 2021 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 172 MERRY HILL ROAD?

172 MERRY HILL ROAD is 109m², which includes one extension, according to the EPC inspection conducted in January 2021. This puts it in the smallest 20% of detached houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses by size in Bushey, and where 172 MERRY HILL ROAD lies on this distribution: 17% of detached houses are smaller than 172 MERRY HILL ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Bushey.

172 MERRY HILL ROAD: Plot and Title Map

172 MERRY HILL ROAD sits on a plot of roughly 0.065 of an acre, or 261m². The below map shows the location of 172 MERRY HILL 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 172 MERRY HILL 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 172 MERRY HILL ROAD?

172 MERRY HILL ROAD is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 172 on MERRY HILL ROAD.