62, PARK ROAD, BUSHEY, WD23 3EG - £530,000

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

62 PARK ROAD is a very small detached house of 90m², built sometime between 1930 and 1949. It was last sold for £530,000 in August 2020, which was around 46% below the average August 2020 detached price in the Hertsmere local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

62 PARK ROAD Sold Prices

Land registry data shows five sales for 62 PARK ROAD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the five 62 PARK 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
2020 14 AUG	£530,000	£986,559	46% below HPI
2014 27 JAN	£434,995	£680,807	36% below HPI
2007 1 MAY	£400,000	£547,314	27% below HPI
2003 3 SEP	£270,000	£471,760	43% below HPI
1998 30 SEP	£159,950	£248,002	36% below HPI

62 PARK 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 five 62 PARK ROAD sales between September 1998 and August 2020 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 January 2014 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the August 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 62 PARK ROAD?

62 PARK ROAD is 90m² according to the EPC inspection conducted in July 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 62 PARK ROAD lies on this distribution: 6% of detached houses are smaller than 62 PARK ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Bushey.

62 PARK ROAD: Plot and Title Map

62 PARK ROAD sits on a plot of roughly 0.055 of an acre, or 221m². The below map shows the location of 62 PARK 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 62 PARK 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 62 PARK ROAD?

62 PARK ROAD is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 62 on PARK ROAD.