25, GROVEWOOD CLOSE, CHORLEYWOOD, RICKMANSWORTH, WD3 5PX - £1,300,000

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.

25 GROVEWOOD CLOSE is a large extended detached house of 253m², built sometime between 1950 and 1966, which could now be worth an estimated £1,430,987. It was last sold for £1,300,000 in November 2016, which was around 27% above the average November 2016 detached price in the Three Rivers local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was C.

25 GROVEWOOD CLOSE Sold Prices

Land registry data shows two sales for 25 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. Both of the two 25 GROVEWOOD CLOSE 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
2016 15 NOV	£1,300,000	£1,022,930	27% above HPI
2014 26 SEP	£1,050,000	£828,857	27% above HPI

25 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 25 GROVEWOOD CLOSE sales from September 2014 and November 2016 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 2014 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2016 sale, which was also at 27% above the HPI.

What might 25 GROVEWOOD CLOSE be worth now?

25 GROVEWOOD CLOSE might now be worth an estimated £1,430,987.

This is based on house price inflation of 10.1%, between November 2016 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 10.1% inflationary increase is applied to the most recent sale price for 25 GROVEWOOD CLOSE of £1,300,000 on 15th November 2016. For the value to have increased from £1,300,000 to £1,430,987 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 25 GROVEWOOD CLOSE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The November 2016 sale price of £1,300,000 represented a fair market value for the property.
• The size, condition, and specification of 25 GROVEWOOD CLOSE has not materially changed since November 2016.

How Large is 25 GROVEWOOD CLOSE?

25 GROVEWOOD CLOSE is 253m², which includes one extension, according to the EPC inspection conducted in July 2009. 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 25 GROVEWOOD CLOSE lies on this distribution: 76% of detached houses houses are smaller than 25 GROVEWOOD CLOSE, and 24% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

25 GROVEWOOD CLOSE: Plot and Title Map

25 GROVEWOOD CLOSE sits on a plot of roughly 0.213 of an acre, or 860m². The below map shows the location of 25 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 25 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 25 GROVEWOOD CLOSE?

25 GROVEWOOD CLOSE is located in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of No. 25 on GROVEWOOD CLOSE.