45, WEST WAY, RICKMANSWORTH, WD3 7EH - £900,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

45 WEST WAY is a midsized extended semi-detached house of 145m², built sometime between 1967 and 1975. It was last sold for £900,000 in January 2023, which was around 19% below the average January 2023 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

45 WEST WAY Sold Prices

Land registry data shows four sales for 45 WEST WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the four 45 WEST 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
2023 12 JAN	£900,000	£1,105,376	19% below HPI
2016 22 DEC	£735,000	£959,362	23% below HPI
2010 10 JUN	£495,000	£603,244	18% below HPI
2006 22 MAR	£435,000	£508,320	14% below HPI

45 WEST 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 four 45 WEST WAY sales between March 2006 and January 2023 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 2016 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 45 WEST WAY?

45 WEST WAY is 145m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Rickmansworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rickmansworth, and where 45 WEST WAY lies on this distribution: 57% of detached houses are smaller than 45 WEST WAY, and 42% of houses are larger. Note that EPC data is not available for all properties in Rickmansworth.

45 WEST WAY: Plot and Title Map

45 WEST WAY sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 45 WEST 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 45 WEST 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 45 WEST WAY?

45 WEST WAY is located in RICKMANSWORTH, in the WD3 postcode district. The below map shows the position of No. 45 on WEST WAY.