APRIL COTTAGE, BRIDLE LANE, LOUDWATER, RICKMANSWORTH, WD3 4JG - £1,216,500

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.

APRIL COTTAGE is a small detached house of 145m², built sometime between 1930 and 1949, which could now be worth an estimated £1,331,602. It was last sold for £1,216,500 in May 2019, which was around 18% above the average May 2019 detached price in the Three Rivers local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.

APRIL COTTAGE Sold Prices

Land registry data shows four sales for APRIL COTTAGE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Three Rivers local authority area for the corresponding sale date. All of the four APRIL COTTAGE 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
2019 22 MAY	£1,216,500	£1,028,670	18% above HPI
2014 4 AUG	£1,075,000	£813,836	32% above HPI
2010 14 OCT	£1,000,000	£664,693	50% above HPI
1999 25 FEB	£480,000	£285,571	68% above HPI

APRIL COTTAGE 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 four APRIL COTTAGE sales between February 1999 and May 2019 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 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2019 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might APRIL COTTAGE be worth now?

APRIL COTTAGE might now be worth an estimated £1,331,602.

This is based on house price inflation of 9.5%, between May 2019 and February 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 9.5% inflationary increase is applied to the most recent sale price for APRIL COTTAGE of £1,216,500 on 22nd May 2019. For the value to have increased from £1,216,500 to £1,331,602 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of APRIL COTTAGE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The May 2019 sale price of £1,216,500 represented a fair market value for the property.
• The size, condition, and specification of APRIL COTTAGE has not materially changed since May 2019.

How Large is APRIL COTTAGE?

APRIL COTTAGE is 145m² according to the EPC inspection conducted in April 2018. This puts it in the smallest 30% 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 APRIL COTTAGE lies on this distribution: 29% of detached houses houses are smaller than APRIL COTTAGE, and 71% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

APRIL COTTAGE: Plot and Title Map

APRIL COTTAGE sits on a plot of roughly 0.476 of an acre, or 1,928m². The below map shows the location of APRIL 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 APRIL 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.

Where is APRIL COTTAGE?

APRIL COTTAGE is located on BRIDLE LANE in LOUDWATER, in the WD3 postcode district. The below map shows the position of APRIL COTTAGE on BRIDLE LANE.