TAVEL, BRIDLE LANE, LOUDWATER, RICKMANSWORTH, WD3 4JQ - £1,110,000

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

TAVEL is a very large extended detached house of 275m², built sometime between 1950 and 1966. It was last sold for £1,110,000 in June 2015, which was around 35% above the average June 2015 detached price in the Three Rivers local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

TAVEL Sold Prices

Land registry data shows two sales for TAVEL 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 TAVEL 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
2015 25 JUN	£1,110,000	£821,375	35% above HPI
2002 15 NOV	£650,000	£450,450	44% above HPI

TAVEL 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 TAVEL sales from November 2002 and June 2015 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 2002 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the June 2015 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is TAVEL?

TAVEL is 275m², which includes three extensions, according to the EPC inspection conducted in October 2023. This puts it in the largest 20% of detached houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Chorleywood, and where TAVEL lies on this distribution: 81% of detached houses are smaller than TAVEL, and 19% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

TAVEL: Plot and Title Map

TAVEL sits on a plot of roughly 0.289 of an acre, or 1,170m². The below map shows the location of TAVEL, 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 TAVEL). 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 TAVEL?

TAVEL is located on BRIDLE LANE in LOUDWATER, in the WD3 postcode district. The below map shows the position of TAVEL on BRIDLE LANE.