140, THE DRIVE, RICKMANSWORTH, WD3 4DP - £1,790,000

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.

140 THE DRIVE is a midsized extended detached house of 205m², built sometime between 2007 and 2011, which could now be worth an estimated £1,701,165. It was last sold for £1,790,000 in June 2022, which was around 51% above the average June 2022 detached price in the Three Rivers local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

140 THE DRIVE Sold Prices

Land registry data shows two sales for 140 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 Three Rivers local authority area for the corresponding sale date. Both of the two 140 THE DRIVE sales were 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
2022 29 JUN	£1,790,000	£1,184,800	51% above HPI
2012 26 APR	£1,250,000	£681,222	83% above HPI

140 THE DRIVE 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 140 THE DRIVE sales from April 2012 and June 2022 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 83% above the HPI. So the extrapolation line tracks at 83% above the HPI over time, until the June 2022 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 140 THE DRIVE be worth now?

140 THE DRIVE might now be worth an estimated £1,701,165.

This is based on house price deflation of 5%, between June 2022 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% deflationary decrease is applied to the most recent sale price for 140 THE DRIVE of £1,790,000 on 29th June 2022. For the value to have decreased from £1,790,000 to £1,701,165 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 140 THE DRIVE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The June 2022 sale price of £1,790,000 represented a fair market value for the property.
• The size, condition, and specification of 140 THE DRIVE has not materially changed since June 2022.

How Large is 140 THE DRIVE?

140 THE DRIVE is 205m², which includes two extensions, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% 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 140 THE DRIVE lies on this distribution: 57% of detached houses houses are smaller than 140 THE DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

140 THE DRIVE: Plot and Title Map

140 THE DRIVE sits on a plot of roughly 0.212 of an acre, or 859m². The below map shows the location of 140 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 140 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 140 THE DRIVE?

140 THE DRIVE is located in RICKMANSWORTH, in the WD3 postcode district. The below map shows the position of No. 140 on THE DRIVE.