7, PENN WAY, CHORLEYWOOD, RICKMANSWORTH, WD3 5HQ - £885,555

7 PENN WAY is a small extended detached house of 148m², built sometime between 1950 and 1966. It was last sold for £885,555 in March 2021, which was around 11% below the average March 2021 detached price in the Three Rivers local authority area. The most recent EPC inspection was November 2016, where the current energy rating was D, and the potential energy rating was C.

7 PENN WAY Sold Prices

Land registry data shows two sales for 7 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. Both of the two 7 PENN WAY sales were 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
2021 19 MAR	£885,555	£999,833	11% below HPI
2021 26 FEB	£885,555	£993,780	11% below HPI

7 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 7 PENN WAY sales from February 2021 and March 2021 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 February 2021 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2021 sale, which was also at 11% below the HPI.

How Large is 7 PENN WAY?

7 PENN WAY is 148m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 40% of detached houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Chorleywood, and where 7 PENN WAY lies on this distribution: 31% of detached houses are smaller than 7 PENN WAY, and 69% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

7 PENN WAY: Plot and Title Map

7 PENN WAY sits on a plot of roughly 0.369 of an acre, or 1,493m². The below map shows the location of 7 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 7 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 7 PENN WAY?

7 PENN WAY is located in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of No. 7 on PENN WAY.