1, SPENCER WALK, RICKMANSWORTH, WD3 4EE - £1,000,000

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.

1 SPENCER WALK is a large extended detached house of 249m², built sometime between 1950 and 1966, which could now be worth an estimated £1,118,750. It was last sold for £1,000,000 in May 2018, which was around 1% below the average May 2018 detached price in the Three Rivers local authority area. The most recent EPC inspection was January 2018, where the current energy rating was C, and the potential energy rating was B.

1 SPENCER WALK Sold Prices

Land registry data shows two sales for 1 SPENCER WALK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. One of the two 1 SPENCER WALK sales was for below the average price, whilst the other was 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
2018 22 MAY	£1,000,000	£1,006,480	1% below HPI
1997 23 SEP	£349,000	£236,563	48% above HPI

1 SPENCER WALK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The two 1 SPENCER WALK sales from September 1997 and May 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 September 1997 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the May 2018 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 1 SPENCER WALK be worth now?

1 SPENCER WALK might now be worth an estimated £1,118,750.

This is based on house price inflation of 11.9%, between May 2018 and February 2025, for detached houses, in the Three Rivers local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.9% inflationary increase is applied to the most recent sale price for 1 SPENCER WALK of £1,000,000 on 22nd May 2018. For the value to have increased from £1,000,000 to £1,118,750 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 1 SPENCER WALK has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The May 2018 sale price of £1,000,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPENCER WALK has not materially changed since May 2018.

How Large is 1 SPENCER WALK?

1 SPENCER WALK is 249m², which includes one extension, according to the EPC inspection conducted in January 2018. This puts it in the largest 30% of detached houses houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chorleywood, and where 1 SPENCER WALK lies on this distribution: 74% of detached houses houses are smaller than 1 SPENCER WALK, and 25% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

1 SPENCER WALK: Plot and Title Map

1 SPENCER WALK sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of 1 SPENCER WALK, 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 SPENCER WALK). 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 SPENCER WALK?

1 SPENCER WALK is located in RICKMANSWORTH, in the WD3 postcode district. The below map shows the position of No. 1 on SPENCER WALK.