47, WINDMILL LANE, BUSHEY HEATH, BUSHEY, WD23 1NQ - £500,000

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

47 WINDMILL LANE is a very small extended detached house of 82m², built sometime between 1900 and 1929. It was last sold for £500,000 in September 2023, which was around 55% below the average September 2023 detached price in the Hertsmere local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

47 WINDMILL LANE Sold Prices

Land registry data shows two sales for 47 WINDMILL LANE 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 47 WINDMILL LANE 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
2023 29 SEP	£500,000	£1,105,518	55% below HPI
2010 14 DEC	£321,000	£602,867	47% below HPI

47 WINDMILL LANE 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 47 WINDMILL LANE sales from December 2010 and September 2023 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 2010 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the September 2023 sale, where it falls to 55% below the HPI. The line then continues to track at 55% below the HPI.

How Large is 47 WINDMILL LANE?

47 WINDMILL LANE is 82m², which includes one extension, according to the EPC inspection conducted in January 2023. This puts it in the smallest 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 47 WINDMILL LANE lies on this distribution: 3% of detached houses are smaller than 47 WINDMILL LANE, and 97% of houses are larger. Note that EPC data is not available for all properties in Bushey.

47 WINDMILL LANE: Plot and Title Map

47 WINDMILL LANE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 47 WINDMILL LANE, 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 47 WINDMILL LANE). 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 47 WINDMILL LANE?

47 WINDMILL LANE is located in BUSHEY HEATH, in the WD23 postcode district. The below map shows the position of No. 47 on WINDMILL LANE.