34, GROVEWOOD CLOSE, CHORLEYWOOD, RICKMANSWORTH, WD3 5PX - £1,532,500

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.

34 GROVEWOOD CLOSE is a very large extended detached house of 391m², built sometime between 1967 and 1975, which could now be worth an estimated £1,636,333. It was last sold for £1,532,500 in October 2020, which was around 45% above the average October 2020 detached price in the Three Rivers local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

34 GROVEWOOD CLOSE Sold Prices

Land registry data shows three sales for 34 GROVEWOOD CLOSE 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. Two of the three 34 GROVEWOOD CLOSE sales were for above the average price, whilst one 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 30 OCT	£1,532,500	£1,054,550	45% above HPI
2013 4 DEC	£870,000	£730,321	19% above HPI
1997 25 JUN	£210,000	£219,878	4% below HPI

34 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 three 34 GROVEWOOD CLOSE sales between June 1997 and October 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 December 2013 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the October 2020 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

What might 34 GROVEWOOD CLOSE be worth now?

34 GROVEWOOD CLOSE might now be worth an estimated £1,636,333.

This is based on house price inflation of 6.8%, between October 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 6.8% inflationary increase is applied to the most recent sale price for 34 GROVEWOOD CLOSE of £1,532,500 on 30th October 2020. For the value to have increased from £1,532,500 to £1,636,333 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 34 GROVEWOOD CLOSE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The October 2020 sale price of £1,532,500 represented a fair market value for the property.
• The size, condition, and specification of 34 GROVEWOOD CLOSE has not materially changed since October 2020.

How Large is 34 GROVEWOOD CLOSE?

34 GROVEWOOD CLOSE is 391m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the largest 10% 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 34 GROVEWOOD CLOSE lies on this distribution: 93% of detached houses houses are smaller than 34 GROVEWOOD CLOSE, and 7% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

34 GROVEWOOD CLOSE: Plot and Title Map

34 GROVEWOOD CLOSE sits on a plot of roughly 0.225 of an acre, or 910m². The below map shows the location of 34 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 34 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 34 GROVEWOOD CLOSE?

34 GROVEWOOD CLOSE is located in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of No. 34 on GROVEWOOD CLOSE.