THE BIRCHES, HALIFAX ROAD, HERONSGATE, RICKMANSWORTH, WD3 5DF - £1,295,000

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

THE BIRCHES is a large extended detached house of 239m², built sometime between 1983 and 1990. It was last sold for £1,295,000 in June 2023, which was around 19% above the average June 2023 detached price in the Three Rivers local authority area. The most recent EPC inspection was March 2023, where the current energy rating was D, and the potential energy rating was C.

THE BIRCHES Sold Prices

Land registry data shows two sales for THE BIRCHES 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 THE BIRCHES 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
2023 8 JUN	£1,295,000	£1,085,222	19% above HPI
1999 25 JAN	£520,000	£256,214	103% above HPI

THE BIRCHES 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 THE BIRCHES sales from January 1999 and June 2023 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 January 1999 sale was for 103% above the HPI. So the extrapolation line tracks at 103% above the HPI over time, until the June 2023 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is THE BIRCHES?

THE BIRCHES is 239m², which includes four extensions, according to the EPC inspection conducted in March 2023. This puts it in the largest 30% of detached houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Chorleywood, and where THE BIRCHES lies on this distribution: 71% of detached houses are smaller than THE BIRCHES, and 29% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

THE BIRCHES: Plot and Title Map

THE BIRCHES sits on a plot of roughly 0.440 of an acre, or 1,779m². The below map shows the location of THE BIRCHES, 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 THE BIRCHES). 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 THE BIRCHES?

THE BIRCHES is located on HALIFAX ROAD in HERONSGATE, in the WD3 postcode district. The below map shows the position of THE BIRCHES on HALIFAX ROAD.