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
8 GROVEWOOD CLOSE is a very large extended detached house of 342m², built sometime from 2012 onwards. It was last sold for £2,000,000 in April 2022, which was around 86% above the average April 2022 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2021, where the current energy rating was B, and the potential energy rating was B.
Land registry data shows two sales for 8 GROVEWOOD CLOSE 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 8 GROVEWOOD CLOSE 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 |
---|---|---|---|
2022 1 APR | £2,000,000 | £1,075,062 | 86% above HPI |
2015 22 MAY | £790,126 | £817,981 | 3% 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 8 GROVEWOOD CLOSE sales from May 2015 and April 2022 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 May 2015 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the April 2022 sale, where it rises to 86% above the HPI. The line then continues to track at 86% above the HPI.
8 GROVEWOOD CLOSE is 342m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Chorleywood, and where 8 GROVEWOOD CLOSE lies on this distribution: 90% of detached houses are smaller than 8 GROVEWOOD CLOSE, and 10% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.
8 GROVEWOOD CLOSE sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of 8 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 8 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.
8 GROVEWOOD CLOSE is located in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of No. 8 on GROVEWOOD CLOSE.