Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
2 SOUTH COTTAGE is a midsized extended detached house of 178m², built sometime before 1900. It was last sold for £850,000 in November 2022, which was around 25% below the average November 2022 detached price in the Three Rivers local authority area. The most recent EPC inspection was June 2020, where the current energy rating was E, and the potential energy rating was C.
Land registry data shows three sales for 2 SOUTH COTTAGE since 1st 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. One of the three 2 SOUTH COTTAGE sales was for below the average price, whilst two 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 |
---|---|---|---|
2022 15 NOV | £850,000 | £1,132,905 | 25% below HPI |
2001 17 JUL | £400,000 | £374,853 | 7% above HPI |
1998 26 NOV | £330,000 | £247,640 | 33% above HPI |
The below graph shows the average detached house price in the Three Rivers local authority area over time, sourced from the HPI. The three 2 SOUTH COTTAGE sales between November 1998 and November 2022 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 July 2001 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
2 SOUTH COTTAGE is 178m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses in Chorleywood, based on EPC data. The below chart shows the distribution of detached houses by size in Chorleywood, and where 2 SOUTH COTTAGE lies on this distribution: 44% of detached houses are smaller than 2 SOUTH COTTAGE, and 56% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.
2 SOUTH COTTAGE sits on a plot of roughly 0.096 of an acre, or 388m². The below map shows the location of 2 SOUTH COTTAGE, 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 2 SOUTH COTTAGE). 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.
2, SOUTH COTTAGE is located on SOUTH COTTAGE GARDENS in CHORLEYWOOD, in the WD3 postcode district. The below map shows the position of 2, SOUTH COTTAGE on SOUTH COTTAGE GARDENS.