BOWER COTTAGE, ROOKS HILL, LOUDWATER, RICKMANSWORTH, WD3 4HZ - £1,515,000

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.

BOWER COTTAGE is a large extended detached house of 216m², built sometime between 1900 and 1929, which could now be worth an estimated £1,372,662. It was last sold for £1,515,000 in August 2022, which was around 22% above the average August 2022 detached price in the Three Rivers local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was D.

BOWER COTTAGE Sold Prices

Land registry data shows three sales for BOWER COTTAGE since 1^st 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. All of the three BOWER 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
2022 19 AUG	£1,515,000	£1,242,760	22% above HPI
2005 8 JUL	£850,000	£529,941	60% above HPI
1999 29 JUL	£499,000	£293,858	70% above HPI

BOWER 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 three BOWER COTTAGE sales between July 1999 and August 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 2005 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the August 2022 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might BOWER COTTAGE be worth now?

BOWER COTTAGE might now be worth an estimated £1,372,662.

This is based on house price deflation of 9.4%, between August 2022 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 9.4% deflationary decrease is applied to the most recent sale price for BOWER COTTAGE of £1,515,000 on 19th August 2022. For the value to have decreased from £1,515,000 to £1,372,662 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of BOWER COTTAGE has moved in line with the HPI for detached houses in the Three Rivers local authority area.
• The August 2022 sale price of £1,515,000 represented a fair market value for the property.
• The size, condition, and specification of BOWER COTTAGE has not materially changed since August 2022.

How Large is BOWER COTTAGE?

BOWER COTTAGE is 216m², which includes two extensions, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% 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 BOWER COTTAGE lies on this distribution: 62% of detached houses houses are smaller than BOWER COTTAGE, and 37% of houses are larger. Note that EPC data is not available for all properties in Chorleywood.

BOWER COTTAGE: Plot and Title Map

BOWER COTTAGE sits on a plot of roughly 0.250 of an acre, or 1,013m². The below map shows the location of BOWER 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 BOWER 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 BOWER COTTAGE?

BOWER COTTAGE is located on ROOKS HILL in LOUDWATER, in the WD3 postcode district. The below map shows the position of BOWER COTTAGE on ROOKS HILL.