THORPLANDS, SARRATT LANE, LOUDWATER, RICKMANSWORTH, WD3 4AD - £1,385,000

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.

THORPLANDS is a large extended detached house of 251m², built sometime between 1950 and 1966, which could now be worth an estimated £1,478,839. It was last sold for £1,385,000 in October 2020, which was around 31% above the average October 2020 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2013, where the current energy rating was E, and the potential energy rating was C.

THORPLANDS Sold Prices

Land registry data shows two sales for THORPLANDS 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 THORPLANDS 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
2020 30 OCT	£1,385,000	£1,054,550	31% above HPI
2015 9 APR	£1,200,000	£851,617	41% above HPI

THORPLANDS 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 THORPLANDS sales from April 2015 and October 2020 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 April 2015 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the October 2020 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might THORPLANDS be worth now?

THORPLANDS might now be worth an estimated £1,478,839.

This is based on house price inflation of 6.8%, between October 2020 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 6.8% inflationary increase is applied to the most recent sale price for THORPLANDS of £1,385,000 on 30th October 2020. For the value to have increased from £1,385,000 to £1,478,839 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of THORPLANDS has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The October 2020 sale price of £1,385,000 represented a fair market value for the property.
• The size, condition, and specification of THORPLANDS has not materially changed since October 2020.

How Large is THORPLANDS?

THORPLANDS is 251m², which includes one extension, according to the EPC inspection conducted in September 2013. 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 THORPLANDS lies on this distribution: 76% of detached houses houses are smaller than THORPLANDS, and 24% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

THORPLANDS: Plot and Title Map

THORPLANDS sits on a plot of roughly 0.445 of an acre, or 1,802m². The below map shows the location of THORPLANDS, 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 THORPLANDS). 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 THORPLANDS?

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