143, THE DRIVE, RICKMANSWORTH, WD3 4DJ - £1,400,000

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.

143 THE DRIVE is a very large extended detached house of 223m², built sometime between 1950 and 1966, which could now be worth an estimated £1,633,338. It was last sold for £1,400,000 in June 2016, which was around 39% above the average June 2016 detached price in the Three Rivers local authority area. The most recent EPC inspection was March 2010, where the current energy rating was E, and the potential energy rating was C.

143 THE DRIVE Sold Prices

Land registry data shows three sales for 143 THE DRIVE 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. All of the three 143 THE DRIVE 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 17 JUN	£1,400,000	£1,009,600	39% above HPI
2012 2 APR	£1,000,000	£681,222	47% above HPI
1997 6 JAN	£319,300	£201,112	59% above HPI

143 THE DRIVE 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 143 THE DRIVE sales between January 1997 and June 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 April 2012 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the June 2016 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 143 THE DRIVE be worth now?

143 THE DRIVE might now be worth an estimated £1,633,338.

This is based on house price inflation of 16.7%, between June 2016 and June 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 16.7% inflationary increase is applied to the most recent sale price for 143 THE DRIVE of £1,400,000 on 17th June 2016. For the value to have increased from £1,400,000 to £1,633,338 over the nine years to June 2025, the following assumptions must hold true:

• The value of 143 THE DRIVE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The June 2016 sale price of £1,400,000 represented a fair market value for the property.
• The size, condition, and specification of 143 THE DRIVE has not materially changed since June 2016.

How Large is 143 THE DRIVE?

143 THE DRIVE is 223m², which includes two extensions, according to the EPC inspection conducted in March 2010. This puts it in the largest 20% of detached houses houses in Rickmansworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rickmansworth, and where 143 THE DRIVE lies on this distribution: 89% of detached houses houses are smaller than 143 THE DRIVE, and 11% of houses are larger. Note that EPC data is not available for all properties in Rickmansworth.

143 THE DRIVE: Plot and Title Map

143 THE DRIVE sits on a plot of roughly 0.473 of an acre, or 1,916m². The below map shows the location of 143 THE DRIVE, 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 143 THE DRIVE). 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 143 THE DRIVE?

143 THE DRIVE is located in RICKMANSWORTH, in the WD3 postcode district. The below map shows the position of No. 143 on THE DRIVE.