1A, ELM WAY, RICKMANSWORTH, WD3 7BD - £675,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1A ELM WAY is a large detached house of 175m², built sometime between 1930 and 1949. It was last sold for £675,000 in December 2017, which was around 36% below the average December 2017 detached price in the Three Rivers local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

1A ELM WAY Sold Prices

Land registry data shows three sales for 1A ELM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the three 1A ELM WAY 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
2017 15 DEC	£675,000	£1,056,190	36% below HPI
2009 17 APR	£430,000	£565,660	24% below HPI
2001 9 APR	£240,000	£375,121	36% below HPI

1A ELM WAY 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 three 1A ELM WAY sales between April 2001 and December 2017 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 2009 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2017 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 1A ELM WAY be worth now?

1A ELM WAY might now be worth an estimated £733,100.

This is based on house price inflation of 8.6%, between December 2017 and December 2024, 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 8.6% inflationary increase is applied to the most recent sale price for 1A ELM WAY of £675,000 on 15th December 2017. For the value to have increased from £675,000 to £733,100 over the seven years to December 2024, the following assumptions must hold true:

• The value of 1A ELM WAY has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The December 2017 sale price of £675,000 represented a fair market value for the property.
• The size, condition, and specification of 1A ELM WAY has not materially changed since December 2017.

How Large is 1A ELM WAY?

1A ELM WAY is 175m² according to the EPC inspection conducted in April 2016. This puts it in the largest 30% of detached houses houses in Rickmansworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rickmansworth, and where 1A ELM WAY lies on this distribution: 75% of detached houses houses are smaller than 1A ELM WAY, and 24% of houses are larger. Note that EPC data is not available for all properties in Rickmansworth.

1A ELM WAY: Plot and Title Map

1A ELM WAY sits on a plot of roughly 0.082 of an acre, or 330m². The below map shows the location of 1A ELM WAY, 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 1A ELM WAY). 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 1A ELM WAY?

1A ELM WAY is located in RICKMANSWORTH, in the WD3 postcode district. The below map shows the position of No. 1A on ELM WAY.