3A, PENN WAY, CHORLEYWOOD, RICKMANSWORTH, WD3 5HQ - £890,000

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.

3A PENN WAY is a midsized detached house of 193m², built sometime between 1996 and 2002, which could now be worth an estimated £1,569,525. It was last sold for £890,000 in September 2010, which was around 33% above the average September 2010 detached price in the Three Rivers local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

3A PENN WAY Sold Prices

Land registry data shows two sales for 3A PENN WAY 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. One of the two 3A PENN WAY sales was for above the average price, whilst the other was for below 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
2010 27 SEP	£890,000	£667,912	33% above HPI
2001 28 SEP	£65,000	£420,970	85% below HPI

3A PENN WAY 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 3A PENN WAY sales from September 2001 and September 2010 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 September 2001 sale was for 85% below the HPI. So the extrapolation line tracks at 85% below the HPI over time, until the September 2010 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

What might 3A PENN WAY be worth now?

3A PENN WAY might now be worth an estimated £1,569,525.

This is based on house price inflation of 76.4%, between September 2010 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 76.4% inflationary increase is applied to the most recent sale price for 3A PENN WAY of £890,000 on 27th September 2010. For the value to have increased from £890,000 to £1,569,525 over the fifteen years and three months to June 2025, the following assumptions must hold true:

• The value of 3A PENN WAY has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The September 2010 sale price of £890,000 represented a fair market value for the property.
• The size, condition, and specification of 3A PENN WAY has not materially changed since September 2010.

How Large is 3A PENN WAY?

3A PENN WAY is 193m² according to the EPC inspection conducted in April 2010. This puts it in the largest 50% 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 3A PENN WAY lies on this distribution: 52% of detached houses houses are smaller than 3A PENN WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

3A PENN WAY: Plot and Title Map

3A PENN WAY sits on a plot of roughly 0.170 of an acre, or 686m². The below map shows the location of 3A PENN WAY, 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 3A PENN WAY). 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 3A PENN WAY?

3A PENN WAY is located in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of No. 3A on PENN WAY.