2, ELMHURST CLOSE, BUSHEY, WD23 2QB - £647,000

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

2 ELMHURST CLOSE is a small detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £944,270. It was last sold for £647,000 in May 2014, which was around 18% 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 D, and the potential energy rating was B.

2 ELMHURST CLOSE Sold Prices

Land registry data shows two sales for 2 ELMHURST CLOSE 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 2 ELMHURST CLOSE 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 30 MAY	£647,000	£786,483	18% below HPI
2006 8 MAY	£496,000	£538,138	8% below HPI

2 ELMHURST CLOSE 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 2 ELMHURST CLOSE sales from May 2006 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 May 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 2 ELMHURST CLOSE be worth now?

2 ELMHURST CLOSE might now be worth an estimated £944,270.

This is based on house price inflation of 45.9%, between May 2014 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 45.9% inflationary increase is applied to the most recent sale price for 2 ELMHURST CLOSE of £647,000 on 30th May 2014. For the value to have increased from £647,000 to £944,270 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 2 ELMHURST CLOSE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The May 2014 sale price of £647,000 represented a fair market value for the property.
• The size, condition, and specification of 2 ELMHURST CLOSE has not materially changed since May 2014.

How Large is 2 ELMHURST CLOSE?

2 ELMHURST CLOSE is 134m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 40% 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 2 ELMHURST CLOSE lies on this distribution: 35% of detached houses houses are smaller than 2 ELMHURST CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Bushey.

2 ELMHURST CLOSE: Plot and Title Map

2 ELMHURST CLOSE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 2 ELMHURST CLOSE, 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 2 ELMHURST CLOSE). 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 2 ELMHURST CLOSE?

2 ELMHURST CLOSE is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 2 on ELMHURST CLOSE.