203, MERRY HILL ROAD, BUSHEY, WD23 1AP - £692,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

203 MERRY HILL ROAD is a very small extended detached house of 104m², built sometime between 1950 and 1966, which could now be worth an estimated £766,468. It was last sold for £692,000 in July 2019, which was around 35% below the average July 2019 detached price in the Hertsmere local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

203 MERRY HILL ROAD Sold Prices

Land registry data shows two sales for 203 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 203 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
2019 26 JUL	£692,000	£1,059,080	35% below HPI
2016 21 MAR	£400,000	£1,010,620	60% below HPI

203 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 203 MERRY HILL ROAD sales from March 2016 and July 2019 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 March 2016 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the July 2019 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 203 MERRY HILL ROAD be worth now?

203 MERRY HILL ROAD might now be worth an estimated £766,468.

This is based on house price inflation of 10.8%, between July 2019 and February 2025, 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 10.8% inflationary increase is applied to the most recent sale price for 203 MERRY HILL ROAD of £692,000 on 26th July 2019. For the value to have increased from £692,000 to £766,468 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 203 MERRY HILL ROAD has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The July 2019 sale price of £692,000 represented a fair market value for the property.
• The size, condition, and specification of 203 MERRY HILL ROAD has not materially changed since July 2019.

How Large is 203 MERRY HILL ROAD?

203 MERRY HILL ROAD is 104m², which includes one extension, according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% 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 203 MERRY HILL ROAD lies on this distribution: 14% of detached houses houses are smaller than 203 MERRY HILL ROAD, and 86% of houses are larger. Note that EPC data is not available for all properties in Bushey.

203 MERRY HILL ROAD: Plot and Title Map

203 MERRY HILL ROAD sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 203 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 203 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 203 MERRY HILL ROAD?

203 MERRY HILL ROAD is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 203 on MERRY HILL ROAD.