48, FARM WAY, BUSHEY, WD23 3SY - £546,000

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

48 FARM WAY is a small extended detached house of 133m², built sometime between 1967 and 1975. It was last sold for £546,000 in October 2015, which was around 36% below the average October 2015 detached price in the Hertsmere local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.

48 FARM WAY Sold Prices

Land registry data shows two sales for 48 FARM WAY 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 48 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
2015 5 OCT	£546,000	£847,509	36% below HPI
2002 6 DEC	£270,000	£481,136	44% below HPI

48 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 two 48 FARM WAY sales from December 2002 and October 2015 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 2002 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the October 2015 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 48 FARM WAY?

48 FARM WAY is 133m², which includes three extensions, according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% of detached houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses by size in Bushey, and where 48 FARM WAY lies on this distribution: 35% of detached houses are smaller than 48 FARM WAY, and 65% of houses are larger. Note that EPC data is not available for all properties in Bushey.

48 FARM WAY: Plot and Title Map

48 FARM WAY sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 48 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 48 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 48 FARM WAY?

48 FARM WAY is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 48 on FARM WAY.