PROVIDENCE COTTAGE, SPRINGFIELD, BUSHEY HEATH, BUSHEY, WD23 1GL - £900,000

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

PROVIDENCE COTTAGE is a midsized extended detached house of 143m², built sometime before 1900. It was last sold for £900,000 in September 2022, which was around 22% below the average September 2022 detached price in the Hertsmere local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

PROVIDENCE COTTAGE Sold Prices

Land registry data shows two sales for PROVIDENCE COTTAGE 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 PROVIDENCE COTTAGE 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
2022 9 SEP	£900,000	£1,154,433	22% below HPI
2014 29 SEP	£578,000	£774,389	25% below HPI

PROVIDENCE COTTAGE 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 PROVIDENCE COTTAGE sales from September 2014 and September 2022 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 September 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2022 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is PROVIDENCE COTTAGE?

PROVIDENCE COTTAGE is 143m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 50% of detached houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses by size in Bushey, and where PROVIDENCE COTTAGE lies on this distribution: 44% of detached houses are smaller than PROVIDENCE COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Bushey.

PROVIDENCE COTTAGE: Plot and Title Map

PROVIDENCE COTTAGE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of PROVIDENCE COTTAGE, 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 PROVIDENCE COTTAGE). 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 PROVIDENCE COTTAGE?

PROVIDENCE COTTAGE is located on SPRINGFIELD in BUSHEY HEATH, in the WD23 postcode district. The below map shows the position of PROVIDENCE COTTAGE on SPRINGFIELD.