14, GROVEWOOD CLOSE, CHORLEYWOOD, RICKMANSWORTH, WD3 5PU - £1,487,500

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.

14 GROVEWOOD CLOSE is a very small detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £1,569,693. It was last sold for £1,487,500 in November 2020, which was around 39% above the average November 2020 detached price in the Three Rivers local authority area. The most recent EPC inspection was June 2010, where the current energy rating was D, and the potential energy rating was D.

14 GROVEWOOD CLOSE Sold Prices

Land registry data shows two sales for 14 GROVEWOOD CLOSE 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 14 GROVEWOOD CLOSE sales was for above the average price, whilst the other was 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
2020 16 NOV	£1,487,500	£1,067,040	39% above HPI
2000 26 MAY	£350,000	£370,974	6% below HPI

14 GROVEWOOD CLOSE 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 14 GROVEWOOD CLOSE sales from May 2000 and November 2020 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 May 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2020 sale, where it rises to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 14 GROVEWOOD CLOSE be worth now?

14 GROVEWOOD CLOSE might now be worth an estimated £1,569,693.

This is based on house price inflation of 5.5%, between November 2020 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 5.5% inflationary increase is applied to the most recent sale price for 14 GROVEWOOD CLOSE of £1,487,500 on 16th November 2020. For the value to have increased from £1,487,500 to £1,569,693 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 14 GROVEWOOD CLOSE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The November 2020 sale price of £1,487,500 represented a fair market value for the property.
• The size, condition, and specification of 14 GROVEWOOD CLOSE has not materially changed since November 2020.

How Large is 14 GROVEWOOD CLOSE?

14 GROVEWOOD CLOSE is 122m² according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% 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 14 GROVEWOOD CLOSE lies on this distribution: 16% of detached houses houses are smaller than 14 GROVEWOOD CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

14 GROVEWOOD CLOSE: Plot and Title Map

14 GROVEWOOD CLOSE sits on a plot of roughly 0.240 of an acre, or 970m². The below map shows the location of 14 GROVEWOOD 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 14 GROVEWOOD 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 14 GROVEWOOD CLOSE?

14 GROVEWOOD CLOSE is located in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of No. 14 on GROVEWOOD CLOSE.