5, PAYNESFIELD ROAD, BUSHEY HEATH, BUSHEY, WD23 1PQ - £765,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 PAYNESFIELD ROAD is a large extended detached house of 168m², built sometime between 1950 and 1966, which could now be worth an estimated £819,820. It was last sold for £765,000 in April 2021, which was around 30% below the average April 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was October 2016, where the current energy rating was E, and the potential energy rating was C.

5 PAYNESFIELD ROAD Sold Prices

Land registry data shows three sales for 5 PAYNESFIELD ROAD 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 5 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
2021 6 APR	£765,000	£1,094,610	30% below HPI
2006 12 MAY	£480,000	£538,138	11% below HPI
2002 15 NOV	£440,000	£517,164	15% below HPI

5 PAYNESFIELD ROAD 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 5 PAYNESFIELD ROAD sales between November 2002 and April 2021 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 May 2006 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2021 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 PAYNESFIELD ROAD be worth now?

5 PAYNESFIELD ROAD might now be worth an estimated £819,820.

This is based on house price inflation of 7.2%, between April 2021 and February 2025, for detached houses, in the Hertsmere local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.2% inflationary increase is applied to the most recent sale price for 5 PAYNESFIELD ROAD of £765,000 on 6th April 2021. For the value to have increased from £765,000 to £819,820 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 5 PAYNESFIELD ROAD has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The April 2021 sale price of £765,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PAYNESFIELD ROAD has not materially changed since April 2021.

How Large is 5 PAYNESFIELD ROAD?

5 PAYNESFIELD ROAD is 168m², which includes one extension, according to the EPC inspection conducted in October 2016. This puts it in the largest 40% of detached houses houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bushey, and where 5 PAYNESFIELD ROAD lies on this distribution: 61% of detached houses houses are smaller than 5 PAYNESFIELD ROAD, and 39% of houses are larger. Note that EPC data is not available for all properties in Bushey.

5 PAYNESFIELD ROAD: Plot and Title Map

5 PAYNESFIELD ROAD sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 5 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 5 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.

Where is 5 PAYNESFIELD ROAD?

5 PAYNESFIELD ROAD is located in BUSHEY HEATH, in the WD23 postcode district. The below map shows the position of No. 5 on PAYNESFIELD ROAD.