3, HERNE CLOSE, BUSHEY, WD23 4AG - £945,000

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.

3 HERNE CLOSE is a very small detached house of 96m², which could now be worth an estimated £870,995. It was last sold for £945,000 in October 2022, which was around 26% below the average October 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was May 2016, where the current energy rating was B, and the potential energy rating was A.

3 HERNE CLOSE Sold Prices

Land registry data shows two sales for 3 HERNE 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 3 HERNE 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
2022 5 OCT	£945,000	£1,272,720	26% below HPI
2016 18 NOV	£599,995	£1,051,680	43% below HPI

3 HERNE 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 3 HERNE CLOSE sales from November 2016 and October 2022 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the October 2022 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 3 HERNE CLOSE be worth now?

3 HERNE CLOSE might now be worth an estimated £870,995.

This is based on house price deflation of 7.8%, between October 2022 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 7.8% deflationary decrease is applied to the most recent sale price for 3 HERNE CLOSE of £945,000 on 5th October 2022. For the value to have decreased from £945,000 to £870,995 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 HERNE CLOSE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The October 2022 sale price of £945,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HERNE CLOSE has not materially changed since October 2022.

How Large is 3 HERNE CLOSE?

3 HERNE CLOSE is 96m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 10% 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 3 HERNE CLOSE lies on this distribution: 9% of detached houses houses are smaller than 3 HERNE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bushey.

3 HERNE CLOSE: Plot and Title Map

3 HERNE CLOSE sits on a plot of roughly 0.052 of an acre, or 209m². The below map shows the location of 3 HERNE 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 3 HERNE 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 3 HERNE CLOSE?

3 HERNE CLOSE is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 3 on HERNE CLOSE.