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

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

5 PAYNESFIELD ROAD is a large extended detached house of 168m², built sometime between 1950 and 1966. It was last sold for £765,000 in April 2021, which was around 23% 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	£996,849	23% below HPI
2006 12 MAY	£480,000	£490,076	2% below HPI
2002 15 NOV	£440,000	£470,976	7% 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2021 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

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 in Bushey, based on EPC data. The below chart shows the distribution of detached houses by size in Bushey, and where 5 PAYNESFIELD ROAD lies on this distribution: 61% of detached houses are smaller than 5 PAYNESFIELD ROAD, and 38% 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.