THE VALE, SCHOOL LANE, BUSHEY, WD23 1SS - £635,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

THE VALE is a very small extended detached house of 98m², built sometime between 1900 and 1929, which could now be worth an estimated £706,147. It was last sold for £635,000 in February 2018, which was around 40% below the average February 2018 detached price in the Hertsmere local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was E.

THE VALE Sold Prices

Land registry data shows three sales for THE VALE 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 THE VALE 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
2018 27 FEB	£635,000	£1,054,860	40% below HPI
2014 14 MAR	£435,000	£762,125	43% below HPI
2012 16 FEB	£410,000	£666,233	38% below HPI

THE VALE 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 THE VALE sales between February 2012 and February 2018 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 March 2014 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the February 2018 sale, where it rises to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might THE VALE be worth now?

THE VALE might now be worth an estimated £706,147.

This is based on house price inflation of 11.2%, between February 2018 and February 2025, for detached houses, in the Hertsmere local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.2% inflationary increase is applied to the most recent sale price for THE VALE of £635,000 on 27th February 2018. For the value to have increased from £635,000 to £706,147 over the seven years to February 2025, the following assumptions must hold true:

• The value of THE VALE has moved in line with the HPI for detached houses in the Hertsmere local authority area.
• The February 2018 sale price of £635,000 represented a fair market value for the property.
• The size, condition, and specification of THE VALE has not materially changed since February 2018.

How Large is THE VALE?

THE VALE is 98m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses houses in Bushey, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bushey, and where THE VALE lies on this distribution: 10% of detached houses houses are smaller than THE VALE, and 90% of houses are larger. Note that EPC data is not available for all properties in Bushey.

THE VALE: Plot and Title Map

THE VALE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of THE VALE, 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 VALE). 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 VALE?

THE VALE is located on SCHOOL LANE in BUSHEY, in the WD23 postcode district. The below map shows the position of THE VALE on SCHOOL LANE.