3, SHIRE LANE, CHORLEYWOOD, RICKMANSWORTH, WD3 5NQ - £1,240,000

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.

3 SHIRE LANE is a midsized extended detached house of 198m², built sometime between 1950 and 1966, which could now be worth an estimated £1,314,653. It was last sold for £1,240,000 in April 2017, which was around 17% above the average April 2017 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

3 SHIRE LANE Sold Prices

Land registry data shows two sales for 3 SHIRE LANE 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 3 SHIRE LANE 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
2017 12 APR	£1,240,000	£1,062,060	17% above HPI
1998 4 DEC	£335,000	£275,705	22% above HPI

3 SHIRE LANE 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 3 SHIRE LANE sales from December 1998 and April 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 December 1998 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2017 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 3 SHIRE LANE be worth now?

3 SHIRE LANE might now be worth an estimated £1,314,653.

This is based on house price inflation of 6%, between April 2017 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 6% inflationary increase is applied to the most recent sale price for 3 SHIRE LANE of £1,240,000 on 12th April 2017. For the value to have increased from £1,240,000 to £1,314,653 over the eight years and two months to February 2025, the following assumptions must hold true:

• The value of 3 SHIRE LANE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The April 2017 sale price of £1,240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHIRE LANE has not materially changed since April 2017.

How Large is 3 SHIRE LANE?

3 SHIRE LANE is 198m², which includes one extension, according to the EPC inspection conducted in September 2016. 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 3 SHIRE LANE lies on this distribution: 54% of detached houses houses are smaller than 3 SHIRE LANE, and 45% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

3 SHIRE LANE: Plot and Title Map

3 SHIRE LANE sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of 3 SHIRE LANE, 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 3 SHIRE LANE). 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 3 SHIRE LANE?

3 SHIRE LANE is located in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of No. 3 on SHIRE LANE.