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

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

REDWAYS is a large extended detached house of 169m², built sometime between 1950 and 1966. It was last sold for £825,000 in March 2012, which was around 33% 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. Both of the two REDWAYS 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
2012 16 MAR	£825,000	£619,387	33% above HPI
2004 29 OCT	£530,000	£496,117	7% above 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 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the March 2012 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

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 in Rickmansworth, based on EPC data. The below chart shows the distribution of detached houses by size in Rickmansworth, and where REDWAYS lies on this distribution: 72% of detached 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.