PENKRIDGE, LANGLEY ROAD, CHIPPERFIELD, KINGS LANGLEY, WD4 9JR - £775,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

PENKRIDGE is a midsized extended semi-detached house of 164m², built sometime between 1930 and 1949, which could now be worth an estimated £955,928. It was last sold for £775,000 in June 2017, which was around 73% above the average June 2017 semi-detached price in the Dacorum local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

PENKRIDGE Sold Prices

Land registry data shows four sales for PENKRIDGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Dacorum local authority area for the corresponding sale date. All of the four PENKRIDGE sales were for above 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
2017 19 JUN	£775,000	£447,050	73% above HPI
2007 1 NOV	£535,000	£293,391	82% above HPI
2002 4 JUL	£310,000	£186,347	66% above HPI
1998 27 FEB	£176,500	£106,596	66% above HPI

PENKRIDGE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dacorum local authority area over time, sourced from the HPI. The four PENKRIDGE sales between February 1998 and June 2017 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 November 2007 sale was for 82% above the HPI. So the extrapolation line tracks at 82% above the HPI over time, until the June 2017 sale, where it falls to 73% above the HPI. The line then continues to track at 73% above the HPI.

What might PENKRIDGE be worth now?

PENKRIDGE might now be worth an estimated £955,928.

This is based on house price inflation of 23.3%, between June 2017 and December 2024, for semi-detached houses, in the Dacorum local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.3% inflationary increase is applied to the most recent sale price for PENKRIDGE of £775,000 on 19th June 2017. For the value to have increased from £775,000 to £955,928 over the six years and six months to December 2024, the following assumptions must hold true:

• The value of PENKRIDGE has moved in line with the HPI for semi-detached houses in the Dacorum local authority area.
• The June 2017 sale price of £775,000 represented a fair market value for the property.
• The size, condition, and specification of PENKRIDGE has not materially changed since June 2017.

How Large is PENKRIDGE?

PENKRIDGE is 164m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 50% of semi-detached houses houses in Chipperfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chipperfield, and where PENKRIDGE lies on this distribution: 45% of semi-detached houses houses are smaller than PENKRIDGE, and 55% of houses are larger. Note that EPC data is not available for all properties in Chipperfield.

PENKRIDGE: Plot and Title Map

PENKRIDGE sits on a plot of roughly 0.128 of an acre, or 516m². The below map shows the location of PENKRIDGE, 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 PENKRIDGE). 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 PENKRIDGE?

PENKRIDGE is located on LANGLEY ROAD in CHIPPERFIELD, in the WD4 postcode district. The below map shows the position of PENKRIDGE on LANGLEY ROAD.