TEEWAYS, BERRY LANE, CHORLEYWOOD, RICKMANSWORTH, WD3 5ES - £1,025,000

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

TEEWAYS is a very small extended detached house of 99m², built sometime between 1983 and 1990. It was last sold for £1,025,000 in February 2024, which was around 6% below the average February 2024 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

TEEWAYS Sold Prices

Land registry data shows three sales for TEEWAYS 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. Two of the three TEEWAYS sales were for below the average price, whilst one was 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
2024 12 FEB	£1,025,000	£1,085,603	6% below HPI
2008 7 JUL	£625,000	£602,557	4% above HPI
1996 5 SEP	£158,750	£183,921	14% below HPI

TEEWAYS 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 TEEWAYS sales between September 1996 and February 2024 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 July 2008 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the February 2024 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is TEEWAYS?

TEEWAYS is 99m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Chorleywood, and where TEEWAYS lies on this distribution: 9% of detached houses are smaller than TEEWAYS, and 91% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

TEEWAYS: Plot and Title Map

TEEWAYS sits on a plot of roughly 0.376 of an acre, or 1,523m². The below map shows the location of TEEWAYS, 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 TEEWAYS). 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 TEEWAYS?

TEEWAYS is located on BERRY LANE in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of TEEWAYS on BERRY LANE.