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
31 PAYNESFIELD ROAD is a midsized extended detached house of 144m², built sometime between 1950 and 1966. It was last sold for £847,000 in August 2020, which was around 14% below the average August 2020 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 31 PAYNESFIELD ROAD since 1st 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 31 PAYNESFIELD 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 |
---|---|---|---|
2020 26 AUG | £847,000 | £986,559 | 14% below HPI |
2003 22 DEC | £405,000 | £464,812 | 13% below HPI |
The below graph shows the average detached house price in the Hertsmere local authority area over time, sourced from the HPI. The two 31 PAYNESFIELD ROAD sales from December 2003 and August 2020 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 December 2003 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the August 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.
31 PAYNESFIELD ROAD is 144m², which includes one extension, according to the EPC inspection conducted in March 2020. 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 31 PAYNESFIELD ROAD lies on this distribution: 44% of detached houses are smaller than 31 PAYNESFIELD ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Bushey.
31 PAYNESFIELD ROAD sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 31 PAYNESFIELD 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 31 PAYNESFIELD 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.
31 PAYNESFIELD ROAD is located in BUSHEY HEATH, in the WD23 postcode district. The below map shows the position of No. 31 on PAYNESFIELD ROAD.