THE LANTERNS, THE GREEN, SARRATT, RICKMANSWORTH, WD3 6BH - £1,187,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

THE LANTERNS is a very large extended detached house of 236m², built sometime between 1930 and 1949. It was last sold for £1,187,500 in April 2016, which was around 26% above the average April 2016 detached price in the Three Rivers local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was C.

THE LANTERNS Sold Prices

Land registry data shows two sales for THE LANTERNS 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 LANTERNS 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
2016 14 APR	£1,187,500	£941,829	26% above HPI
2009 8 JUN	£720,000	£518,652	39% above HPI

THE LANTERNS 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 LANTERNS sales from June 2009 and April 2016 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 June 2009 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the April 2016 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is THE LANTERNS?

THE LANTERNS is 236m², which includes two extensions, according to the EPC inspection conducted in June 2015. This puts it in the largest 20% of detached houses in Sarratt, based on EPC data. The below chart shows the distribution of detached houses by size in Sarratt, and where THE LANTERNS lies on this distribution: 82% of detached houses are smaller than THE LANTERNS, and 18% of houses are larger. Note that EPC data is not available for all properties in Sarratt.

THE LANTERNS: Plot and Title Map

THE LANTERNS sits on a plot of roughly 0.299 of an acre, or 1,209m². The below map shows the location of THE LANTERNS, 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 LANTERNS). 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 LANTERNS?

THE LANTERNS is located on THE GREEN in SARRATT, in the WD3 postcode district. The below map shows the position of THE LANTERNS on THE GREEN.