6, THE READINGS, CHORLEYWOOD, RICKMANSWORTH, WD3 5SY - £810,000

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.

6 THE READINGS is a small extended detached house of 158m², built sometime between 1967 and 1975, which could now be worth an estimated £1,003,132. It was last sold for £810,000 in August 2015, which was around 11% below the average August 2015 detached price in the Three Rivers local authority area. The most recent EPC inspection was June 2014, where the current energy rating was E, and the potential energy rating was C.

6 THE READINGS Sold Prices

Land registry data shows two sales for 6 THE READINGS 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 6 THE READINGS 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
2015 28 AUG	£810,000	£909,212	11% below HPI
2009 16 DEC	£590,000	£603,856	2% below HPI

6 THE READINGS 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 6 THE READINGS sales from December 2009 and August 2015 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 2009 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the August 2015 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 6 THE READINGS be worth now?

6 THE READINGS might now be worth an estimated £1,003,132.

This is based on house price inflation of 23.8%, between August 2015 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 23.8% inflationary increase is applied to the most recent sale price for 6 THE READINGS of £810,000 on 28th August 2015. For the value to have increased from £810,000 to £1,003,132 over the ten years and six months to February 2025, the following assumptions must hold true:

• The value of 6 THE READINGS has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The August 2015 sale price of £810,000 represented a fair market value for the property.
• The size, condition, and specification of 6 THE READINGS has not materially changed since August 2015.

How Large is 6 THE READINGS?

6 THE READINGS is 158m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 40% 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 6 THE READINGS lies on this distribution: 35% of detached houses houses are smaller than 6 THE READINGS, and 64% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

6 THE READINGS: Plot and Title Map

6 THE READINGS sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 6 THE READINGS, 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 6 THE READINGS). 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 6 THE READINGS?

6 THE READINGS is located in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of No. 6 on THE READINGS.