MORWOOD GATE, BERRY LANE, CHORLEYWOOD, RICKMANSWORTH, WD3 5EY - £1,395,000

MORWOOD GATE is a large extended detached house of 249m², built sometime between 1900 and 1929. It was last sold for £1,395,000 in May 2018, which was around 49% above the average May 2018 detached price in the Three Rivers local authority area. The most recent EPC inspection was September 2016, where the current energy rating was E, and the potential energy rating was B.

MORWOOD GATE Sold Prices

Land registry data shows two sales for MORWOOD GATE 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 MORWOOD GATE 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
2018 8 MAY	£1,395,000	£936,456	49% above HPI
1997 22 AUG	£360,000	£215,364	67% above HPI

MORWOOD GATE 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 MORWOOD GATE sales from August 1997 and May 2018 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 August 1997 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the May 2018 sale, where it falls to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is MORWOOD GATE?

MORWOOD GATE is 249m², which includes three extensions, according to the EPC inspection conducted in September 2016. This puts it in the largest 30% of detached houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Chorleywood, and where MORWOOD GATE lies on this distribution: 75% of detached houses are smaller than MORWOOD GATE, and 25% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

MORWOOD GATE: Plot and Title Map

MORWOOD GATE sits on a plot of roughly 0.480 of an acre, or 1,942m². The below map shows the location of MORWOOD GATE, 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 MORWOOD GATE). 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 MORWOOD GATE?

MORWOOD GATE is located on BERRY LANE in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of MORWOOD GATE on BERRY LANE.