SCHOOL HOUSE, NOTTINGHAM ROAD, HERONSGATE, RICKMANSWORTH, WD3 5DP - £1,277,500

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.

SCHOOL HOUSE is a large extended detached house of 249m², built sometime before 1900, which could now be worth an estimated £1,333,048. It was last sold for £1,277,500 in June 2021, which was around 18% above the average June 2021 detached price in the Three Rivers local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

SCHOOL HOUSE Sold Prices

Land registry data shows three sales for SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the three SCHOOL HOUSE 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
2021 17 JUN	£1,277,500	£1,079,080	18% above HPI
2006 3 OCT	£642,500	£590,327	9% above HPI
1998 18 SEP	£305,000	£276,626	10% above HPI

SCHOOL HOUSE 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 three SCHOOL HOUSE sales between September 1998 and June 2021 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 2006 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the June 2021 sale, where it rises to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might SCHOOL HOUSE be worth now?

SCHOOL HOUSE might now be worth an estimated £1,333,048.

This is based on house price inflation of 4.3%, between June 2021 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 4.3% inflationary increase is applied to the most recent sale price for SCHOOL HOUSE of £1,277,500 on 17th June 2021. For the value to have increased from £1,277,500 to £1,333,048 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of SCHOOL HOUSE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The June 2021 sale price of £1,277,500 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL HOUSE has not materially changed since June 2021.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 249m², which includes one extension, according to the EPC inspection conducted in April 2016. This puts it in the largest 30% 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 SCHOOL HOUSE lies on this distribution: 74% of detached houses houses are smaller than SCHOOL HOUSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.326 of an acre, or 1,320m². The below map shows the location of SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

SCHOOL HOUSE is located on NOTTINGHAM ROAD in HERONSGATE, in the WD3 postcode district. The below map shows the position of SCHOOL HOUSE on NOTTINGHAM ROAD.