18, THE BIRCHES, BUSHEY, WD23 4TW - £935,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 THE BIRCHES is a midsized detached house of 153m², built sometime between 1967 and 1975, which could now be worth an estimated £857,980. It was last sold for £935,000 in April 2023, which was around 25% below the average April 2023 detached price in the Hertsmere local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was C.

18 THE BIRCHES Sold Prices

Land registry data shows two sales for 18 THE BIRCHES 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 18 THE BIRCHES 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
2023 26 APR	£935,000	£1,250,880	25% below HPI
1995 26 OCT	£180,000	£192,129	6% below HPI

18 THE BIRCHES 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 18 THE BIRCHES sales from October 1995 and April 2023 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 October 1995 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the April 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 18 THE BIRCHES be worth now?

18 THE BIRCHES might now be worth an estimated £857,980.

This is based on house price deflation of 8.2%, between April 2023 and December 2024, for detached houses, in the Hertsmere local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.2% deflationary decrease is applied to the most recent sale price for 18 THE BIRCHES of £935,000 on 26th April 2023. For the value to have decreased from £935,000 to £857,980 over the four months to December 2024, the following assumptions must hold true:

• The value of 18 THE BIRCHES has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The April 2023 sale price of £935,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THE BIRCHES has not materially changed since April 2023.

How Large is 18 THE BIRCHES?

18 THE BIRCHES is 153m² according to the EPC inspection conducted in January 2023. This puts it in the largest 50% of detached houses houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bushey, and where 18 THE BIRCHES lies on this distribution: 52% of detached houses houses are smaller than 18 THE BIRCHES, and 48% of houses are larger. Note that EPC data is not available for all properties in Bushey.

18 THE BIRCHES: Plot and Title Map

18 THE BIRCHES sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 18 THE BIRCHES, 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 18 THE BIRCHES). 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 18 THE BIRCHES?

18 THE BIRCHES is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 18 on THE BIRCHES.