GREENACRES, BELL LANE, BEDMOND, ABBOTS LANGLEY, WD5 0QS - £760,000

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

GREENACRES is a very large extended detached house of 197m², built sometime between 1930 and 1949. It was last sold for £760,000 in February 2021, which was around 24% below the average February 2021 detached price in the Three Rivers local authority area. The most recent EPC inspection was December 2019, where the current energy rating was E, and the potential energy rating was C.

GREENACRES Sold Prices

Land registry data shows five sales for GREENACRES since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the five GREENACRES 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 3 FEB	£760,000	£993,780	24% below HPI
2010 1 OCT	£405,000	£618,450	35% below HPI
2007 5 DEC	£515,000	£613,064	16% below HPI
2003 14 NOV	£425,000	£467,681	9% below HPI
1996 2 OCT	£168,000	£185,652	10% below HPI

GREENACRES Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The five GREENACRES sales between October 1996 and February 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 October 2010 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2021 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is GREENACRES?

GREENACRES is 197m², which includes one extension, according to the EPC inspection conducted in December 2019. This puts it in the largest 20% of detached houses in Bedmond, based on EPC data. The below chart shows the distribution of detached houses by size in Bedmond, and where GREENACRES lies on this distribution: 90% of detached houses are smaller than GREENACRES, and 10% of houses are larger. Note that EPC data is not available for all properties in Bedmond.

GREENACRES: Plot and Title Map

GREENACRES sits on a plot of roughly 0.284 of an acre, or 1,151m². The below map shows the location of GREENACRES, 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 GREENACRES). 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 GREENACRES?

GREENACRES is located on BELL LANE in BEDMOND, in the WD5 postcode district. The below map shows the position of GREENACRES on BELL LANE.