1, THE DRIVE, BUSHEY, WD23 2BJ - £499,000

1 THE DRIVE is a very small detached house of 89m². It was last sold for £499,000 in May 2014, which was around 30% below the average May 2014 detached price in the Hertsmere local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was C.

1 THE DRIVE Sold Prices

Land registry data shows two sales for 1 THE DRIVE 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 1 THE DRIVE 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
2014 9 MAY	£499,000	£716,241	30% below HPI
2012 23 APR	£467,262	£624,476	25% below HPI

1 THE DRIVE 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 1 THE DRIVE sales from April 2012 and May 2014 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 April 2012 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2014 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 THE DRIVE?

1 THE DRIVE is 89m² according to the EPC inspection conducted in August 2013. 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 1 THE DRIVE lies on this distribution: 6% of detached houses are smaller than 1 THE DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bushey.

1 THE DRIVE: Plot and Title Map

1 THE DRIVE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 1 THE DRIVE, 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 1 THE DRIVE). 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 1 THE DRIVE?

1 THE DRIVE is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 1 on THE DRIVE.