48, BEACON WAY, RICKMANSWORTH, WD3 7PE - £880,000

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

48 BEACON WAY is a very small detached house of 129m², built sometime between 1950 and 1966. It was last sold for £880,000 in June 2023, which was around 19% below the average June 2023 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was A.

48 BEACON WAY Sold Prices

Land registry data shows two sales for 48 BEACON WAY 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 48 BEACON 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 19 JUN	£880,000	£1,085,222	19% below HPI
2010 27 JUL	£490,000	£612,888	20% below HPI

48 BEACON 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 two 48 BEACON WAY sales from July 2010 and June 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 July 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2023 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 48 BEACON WAY?

48 BEACON WAY is 129m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 20% of detached houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Chorleywood, and where 48 BEACON WAY lies on this distribution: 20% of detached houses are smaller than 48 BEACON WAY, and 80% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

48 BEACON WAY: Plot and Title Map

48 BEACON WAY sits on a plot of roughly 0.157 of an acre, or 636m². The below map shows the location of 48 BEACON 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 48 BEACON 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 48 BEACON WAY?

48 BEACON WAY is located in RICKMANSWORTH, in the WD3 postcode district. The below map shows the position of No. 48 on BEACON WAY.