THE OAK TREE, FLORIDA CLOSE, BUSHEY HEATH, BUSHEY, WD23 1ET - £1,023,000

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

THE OAK TREE is a large detached house of 187m², built sometime between 1983 and 1990. It was last sold for £1,023,000 in November 2013, which was around 52% above the average November 2013 detached price in the Hertsmere local authority area. The most recent EPC inspection was January 2013, where the current energy rating was D, and the potential energy rating was C.

THE OAK TREE Sold Prices

Land registry data shows two sales for THE OAK TREE 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 THE OAK TREE sales were for above 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
2013 21 NOV	£1,023,000	£671,421	52% above HPI
2000 31 AUG	£550,000	£340,582	61% above HPI

THE OAK TREE 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 THE OAK TREE sales from August 2000 and November 2013 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 August 2000 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the November 2013 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is THE OAK TREE?

THE OAK TREE is 187m² according to the EPC inspection conducted in January 2013. This puts it in the largest 30% of detached houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses by size in Bushey, and where THE OAK TREE lies on this distribution: 71% of detached houses are smaller than THE OAK TREE, and 28% of houses are larger. Note that EPC data is not available for all properties in Bushey.

THE OAK TREE: Plot and Title Map

THE OAK TREE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of THE OAK TREE, 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 THE OAK TREE). 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 THE OAK TREE?

THE OAK TREE is located on FLORIDA CLOSE in BUSHEY HEATH, in the WD23 postcode district. The below map shows the position of THE OAK TREE on FLORIDA CLOSE.