2, SPARROWS WAY, BUSHEY, WD23 1FD - £450,000

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

2 SPARROWS WAY is a midsized extended detached house of 145m², built sometime between 1950 and 1966. It was last sold for £450,000 in February 2015, which was around 43% below the average February 2015 detached price in the Hertsmere local authority area. The most recent EPC inspection was May 2014, where the current energy rating was E, and the potential energy rating was C.

2 SPARROWS WAY Sold Prices

Land registry data shows three sales for 2 SPARROWS WAY 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 2 SPARROWS WAY 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
2015 27 FEB	£450,000	£787,022	43% below HPI
2001 19 JAN	£250,000	£348,507	28% below HPI
1997 14 MAR	£145,000	£193,951	25% below HPI

2 SPARROWS WAY 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 2 SPARROWS WAY sales between March 1997 and February 2015 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 January 2001 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the February 2015 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 2 SPARROWS WAY?

2 SPARROWS WAY is 145m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 50% of detached houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses by size in Bushey, and where 2 SPARROWS WAY lies on this distribution: 46% of detached houses are smaller than 2 SPARROWS WAY, and 54% of houses are larger. Note that EPC data is not available for all properties in Bushey.

2 SPARROWS WAY: Plot and Title Map

2 SPARROWS WAY sits on a plot of roughly 0.097 of an acre, or 394m². The below map shows the location of 2 SPARROWS WAY, 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 SPARROWS WAY). 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 SPARROWS WAY?

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