3, LAKE DRIVE, BUSHEY, WD23 1QW - £1,600,000

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

3 LAKE DRIVE is a very large detached house of 300m², built sometime between 1991 and 1995. It was last sold for £1,600,000 in April 2022, which was around 48% above the average April 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

3 LAKE DRIVE Sold Prices

Land registry data shows two sales for 3 LAKE DRIVE 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 LAKE DRIVE sales were for above 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 11 APR	£1,600,000	£1,079,637	48% above HPI
2005 25 SEP	£892,500	£491,540	82% above HPI

3 LAKE DRIVE 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 LAKE DRIVE sales from September 2005 and April 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 September 2005 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the April 2022 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 3 LAKE DRIVE?

3 LAKE DRIVE is 300m² according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses by size in Bushey, and where 3 LAKE DRIVE lies on this distribution: 95% of detached houses are smaller than 3 LAKE DRIVE, and 4% of houses are larger. Note that EPC data is not available for all properties in Bushey.

3 LAKE DRIVE: Plot and Title Map

3 LAKE DRIVE sits on a plot of roughly 0.152 of an acre, or 614m². The below map shows the location of 3 LAKE DRIVE, 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 LAKE DRIVE). 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 LAKE DRIVE?

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