REDWAYS, COPTHORNE CLOSE, CROXLEY GREEN, RICKMANSWORTH, WD3 4AJ - £825,000

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.

REDWAYS is a large extended detached house of 169m², built sometime between 1950 and 1966, which could now be worth an estimated £1,395,448. It was last sold for £825,000 in March 2012, which was around 24% above the average March 2012 detached price in the Three Rivers local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

REDWAYS Sold Prices

Land registry data shows two sales for REDWAYS 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. One of the two REDWAYS 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 16 MAR	£825,000	£665,700	24% above HPI
2004 29 OCT	£530,000	£533,212	1% below HPI

REDWAYS 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 REDWAYS sales from October 2004 and March 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 October 2004 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the March 2012 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might REDWAYS be worth now?

REDWAYS might now be worth an estimated £1,395,448.

This is based on house price inflation of 69.1%, between March 2012 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 69.1% inflationary increase is applied to the most recent sale price for REDWAYS of £825,000 on 16th March 2012. For the value to have increased from £825,000 to £1,395,448 over the thirteen years and one month to February 2025, the following assumptions must hold true:

• The value of REDWAYS has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The March 2012 sale price of £825,000 represented a fair market value for the property.
• The size, condition, and specification of REDWAYS has not materially changed since March 2012.

How Large is REDWAYS?

REDWAYS is 169m², which includes one extension, according to the EPC inspection conducted in November 2010. This puts it in the largest 30% of detached houses houses in Rickmansworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rickmansworth, and where REDWAYS lies on this distribution: 72% of detached houses houses are smaller than REDWAYS, and 28% of houses are larger. Note that EPC data is not available for all properties in Rickmansworth.

REDWAYS: Plot and Title Map

REDWAYS sits on a plot of roughly 0.247 of an acre, or 1,001m². The below map shows the location of REDWAYS, 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 REDWAYS). 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 REDWAYS?

REDWAYS is located on COPTHORNE CLOSE in CROXLEY GREEN, in the WD3 postcode district. The below map shows the position of REDWAYS on COPTHORNE CLOSE.