46, FARM WAY, BUSHEY, WD23 3SY - £725,000

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

46 FARM WAY is a very small extended detached house of 105m², built sometime between 1950 and 1966. It was last sold for £725,000 in April 2022, which was around 33% below the average April 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was March 2022, where the current energy rating was D, and the potential energy rating was B.

46 FARM WAY Sold Prices

Land registry data shows three sales for 46 FARM 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 46 FARM 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
2022 19 APR	£725,000	£1,079,637	33% below HPI
2010 28 JUN	£387,500	£582,830	34% below HPI
2004 29 OCT	£266,000	£493,584	46% below HPI

46 FARM 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 46 FARM WAY sales between October 2004 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 June 2010 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the April 2022 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 46 FARM WAY?

46 FARM WAY is 105m², which includes one extension, according to the EPC inspection conducted in March 2022. This puts it in the smallest 20% of detached houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses by size in Bushey, and where 46 FARM WAY lies on this distribution: 14% of detached houses are smaller than 46 FARM WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Bushey.

46 FARM WAY: Plot and Title Map

46 FARM WAY sits on a plot of roughly 0.102 of an acre, or 414m². The below map shows the location of 46 FARM 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 46 FARM 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 46 FARM WAY?

46 FARM WAY is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 46 on FARM WAY.