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 ORCHARD DRIVE is a midsized extended detached house of 199m², built sometime between 2007 and 2011. It was last sold for £850,000 in May 2012, which was around 33% above the average May 2012 detached price in the Three Rivers local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 48 ORCHARD DRIVE since 1st 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. One of the two 48 ORCHARD DRIVE sales was for above the average price, whilst the other 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 |
---|---|---|---|
2012 17 MAY | £850,000 | £638,001 | 33% above HPI |
2005 21 FEB | £390,000 | £512,793 | 24% below HPI |
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 ORCHARD DRIVE sales from February 2005 and May 2012 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 February 2005 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2012 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.
48 ORCHARD DRIVE is 199m², which includes one extension, according to the EPC inspection conducted in January 2022. This puts it in the largest 50% 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 ORCHARD DRIVE lies on this distribution: 55% of detached houses are smaller than 48 ORCHARD DRIVE, and 45% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.
48 ORCHARD DRIVE sits on a plot of roughly 0.109 of an acre, or 442m². The below map shows the location of 48 ORCHARD DRIVE, 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 ORCHARD DRIVE). 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.
48 ORCHARD DRIVE is located in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of No. 48 on ORCHARD DRIVE.