45, MELBOURNE ROAD, BUSHEY, WD23 3LL - £725,000

45 MELBOURNE ROAD is a midsized extended detached house of 141m², built sometime between 1967 and 1975. It was last sold for £725,000 in November 2021, which was around 37% below the average November 2021 detached price in the Hertsmere local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was B.

45 MELBOURNE ROAD Sold Prices

Land registry data shows four sales for 45 MELBOURNE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Hertsmere local authority area for the corresponding sale date. All of the four 45 MELBOURNE ROAD 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
2021 8 NOV	£725,000	£1,150,012	37% below HPI
2003 22 AUG	£270,000	£474,810	43% below HPI
2000 7 FEB	£161,000	£299,864	46% below HPI
1996 24 MAY	£110,000	£172,501	36% below HPI

45 MELBOURNE ROAD 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 four 45 MELBOURNE ROAD sales between May 1996 and November 2021 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 2003 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the November 2021 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 45 MELBOURNE ROAD?

45 MELBOURNE ROAD is 141m², which includes three extensions, according to the EPC inspection conducted in August 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 45 MELBOURNE ROAD lies on this distribution: 43% of detached houses are smaller than 45 MELBOURNE ROAD, and 56% of houses are larger. Note that EPC data is not available for all properties in Bushey.

45 MELBOURNE ROAD: Plot and Title Map

45 MELBOURNE ROAD sits on a plot of roughly 0.122 of an acre, or 495m². The below map shows the location of 45 MELBOURNE ROAD, 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 45 MELBOURNE ROAD). 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 45 MELBOURNE ROAD?

45 MELBOURNE ROAD is located in BUSHEY, in the WD23 postcode district. The below map shows the position of No. 45 on MELBOURNE ROAD.