3, MALVERN CLOSE, BUSHEY, WD23 4PU - £875,000

3 MALVERN CLOSE is a midsized extended detached house of 144m², built sometime between 1996 and 2002. It was last sold for £875,000 in January 2023, which was around 25% below the average January 2023 detached price in the Hertsmere local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

3 MALVERN CLOSE Sold Prices

Land registry data shows three sales for 3 MALVERN CLOSE 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 3 MALVERN CLOSE 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
2023 4 JAN	£875,000	£1,160,217	25% below HPI
2004 30 SEP	£383,000	£499,897	23% below HPI
1997 28 FEB	£185,000	£188,245	2% below HPI

3 MALVERN CLOSE 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 3 MALVERN CLOSE sales between February 1997 and January 2023 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 2004 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2023 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 3 MALVERN CLOSE?

3 MALVERN CLOSE is 144m², which includes two extensions, according to the EPC inspection conducted in October 2021. 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 3 MALVERN CLOSE lies on this distribution: 45% of detached houses are smaller than 3 MALVERN CLOSE, and 54% of houses are larger. Note that EPC data is not available for all properties in Bushey.

3 MALVERN CLOSE: Plot and Title Map

3 MALVERN CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 3 MALVERN CLOSE, 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 3 MALVERN CLOSE). 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 3 MALVERN CLOSE?

3 MALVERN CLOSE is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 3 on MALVERN CLOSE.